People Moves: Aon’s Bonner to TigerRisk; Trivitt Promoted at AXIS, RSA’s Birre Julvécourt to BHSI in France June 2, 2021 This wrap-up of international People Moves details recent appointments at TigerRisk Partners (which is launching a global trade credit, surety...
Chasing Yield, Private Equity Firms Nudge Up Risk on Insurers: Analysis June 2, 2021 By Alwyn Scott Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns...
Firetruck Crashes into Philadelphia Building, Leaving Five Injured June 2, 2021 Four firefighters and one civilian were injured Thursday when a Philadelphia Fire Department firetruck crashed into a building after a...
Pennsylvania Property Owners Encouraged to Purchase Flood Insurance June 2, 2021 Pennsylvania Insurance Commissioner Jessica Altman is urging property owners to consider purchasing flood insurance to protect their homes, businesses and...
Magnitude 6.1 Earthquake Confirmed in Alaska June 2, 2021 A magnitude 6.1 earthquake shook Alaska’s Talkeetna Mountains north of Anchorage Sunday night and smaller tremors continued early Monday, the...
Former Pension Boss in New Mexico Sues for Pay Discrimination June 2, 2021 The former head of New Mexico’s pension system for educators has accused Democratic Gov. Michelle Lujan Grisham and others of...
Hub International Limited Acquires Assets of Epstein Financial Services LLC June 2, 2021 Hub International Limited (Hub), a full-service global insurance broker, has acquired the assets of Epstein Financial Services LLC and Epstein...
Fitch Affirms Intact’s Ratings After RSA Acquisition; RSA Subsidiary Upgraded to ‘AA-‘ June 2, 2021 Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Intact Financial Corp.’s insurance subsidiaries at ‘AA-‘ (very strong),...
Amazon to Overhaul Warehouse Worker Metric Cited in Injuries June 2, 2021 By Matt Day Amazon.com Inc. is overhauling a controversial worker-productivity yardstick that has drawn the ire of warehouse employees who say it imposes...
Allstate to Acquire Insurer SafeAuto to Merge Into National General Brand June 2, 2021 Allstate has agreed to acquire Ohio-based SafeAuto, which offers car insurance that meets the minimum legal requirements in 28 states....