Done Deal: Bold Penguin Is Now a Subsidiary of American Family February 16, 2021 Madison, Wisconsin-based American Family Insurance has closed the deal on acquiring the digital exchange Bold Penguin that serves small businesses....
Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits February 16, 2021 By Edvard Pettersson and Crystal Tse Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering...
Progressive to Buy Transportation Insurer Protective for $338 Million February 16, 2021 By Andrew G. Simpson The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake...
AXA XL Names O’Malley as U.S. Country Manager February 16, 2021 AXA XL has appointed Matthew V. O’Malley as U.S. Country manager. In October 2020, AXA XL launched a new operating...
Zaffino to Succeed Duperreault as CEO of AIG March 1 February 16, 2021 American International Group (AIG) has officially named Peter S. Zaffino as chief executive officer, succeeding Brian Duperreault, AIG’s current CEO,...
Viewpoint: Post-Pandemic: Will Employers or Workers Have Upper Hand? February 16, 2021 By John Graham It’s been a year now since we came under the relentless domination of the coronavirus. After all this time, the...
Lloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom February 16, 2021 By Andrew G. Simpson Construction insurance specialists at Lloyd’s of London are hoping to see more U.S. business from increased government investment in infrastructure...
Microsoft Exec Calls SolarWinds Hack ‘Largest, Most Sophisticated Attack’ Ever February 16, 2021 By Brad Heath A hacking campaign that used a U.S. tech company as a springboard to compromise a raft of U.S. government agencies...
Ullico, Hagerty to Offer Collector & Classic Car Coverage to Union Members February 16, 2021 Ullico has partnered with The Hagerty Group to offer Hagerty’s insurance for classic, collector and enthusiast vehicles. Per the partnership,...
New Chubb Crime Coverage Protects Firms from Employee Theft, Outside Criminals February 12, 2021 Chubb has introduced a new crime insurance policy – The Chubb Primary Commercial Crime Insurance, designed to help companies of...