Insurers Remain Cautious About Marijuana Insurance Market March 14, 2019 The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks...
Hamilton to Buy Pembroke Managing Agency, Ironshore Europe DAC from Liberty Mutual March 14, 2019 Hamilton Insurance Group Ltd., the Bermuda-based holding company of re/insurance operations in Bermuda and at Lloyd’s, announced it has signed...
Italy’s Generali Beats Targets, Reports 9.4% Rise in Net Profit for 2018 March 14, 2019 Italy’s top insurer Assicurazioni Generali raised its dividend for 2018 after beating its business plan targets and posting growth in...
Oklahoma House Passes Bill to Help Small Businesses Grow March 14, 2019 Legislation that would make the Small Employer Quality Jobs Program more accessible to startup companies and small businesses has passed...
Kronland Promoted to Director, Insurance Lending at Oak Street Funding March 14, 2019 Brad Kronland has been promoted to director of Insurance Lending at Indianapolis-based Oak Street Funding, a First Financial Bank company....
Philippines’ RCBC Sues Bangladesh Central Bank over ‘Vicious’ Cyber Heist Claims March 13, 2019 A Philippine bank has filed a lawsuit accusing Bangladesh’s central bank of defamation, hitting back at what it says are...
Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data March 13, 2019 Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance...
Virginia’s Genworth Financial to Layoff About 80 Employees March 13, 2019 A company has announced the layoff of about 80 employees, including 35 in a Virginia city. The News & Advance...
The Hilb Group Acquires Massachusetts’ Marsh-Kemp Insurance Agency March 13, 2019 The Hilb Group LLC (THG) has acquired Massachusetts-based Marsh-Kemp Insurance Agency Inc. (MK). The transaction became effective March 1, 2019....
Slaugenhoup Promoted to Assistant Vice President at RT Specialty March 13, 2019 David M. Slaugenhoup has been promoted to assistant vice president within RT Specialty’s National Environmental and Construction Professional Liability practice....