Chubb Names Lupica President, North America; Krump Vice Chair, Global Underwriting, Claims August 10, 2020 Global insurer Chubb announced appointments to two new executive positions. Chubb has named John Lupica as president of North America...
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms August 10, 2020 Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses...
Tornadoes Confirmed in Pennsylvania During Storm August 10, 2020 The National Weather Service has confirmed that tornadoes touched down in Bucks and Montgomery counties during Tuesday’s storm. The weather...
Lamont Calls for Investigation of Utilities’ Storm Response in Connecticut August 10, 2020 By Pat Eaton-Robb and Susan Haigh Connecticut Governor Ned Lamont called for an investigation of the state’s two largest electric utility companies Wednesday as hundreds of...
R&Q Acquires 35% Interest in New York-Based Tradesman Program Managers August 10, 2020 Randall & Quilter Investment Holdings Ltd. (R&Q) has reached an agreement to merge its wholly owned subsidiary, Sandell Re Ltd.,...
AXA Considers Sale of Singapore Business as It Seeks to Raise Funds: Sources August 10, 2020 By Chanyaporn Chanjaroen, Jan-Henrik Förster and Manuel Baigorri AXA SA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according...
Marsh JLT Specialty Promotes Cheung to UK Placement Leader August 10, 2020 Broker and risk adviser Marsh announced the appointment of Winsee Cheung as UK Placement Leader, Marsh JLT Specialty. Effective in...
Global Commercial Insurance Rates Up 19% on COVID-19, Other Large Losses: Marsh August 10, 2020 Global average commercial insurance prices increased 19% in the second quarter of 2020, according to the latest Global Insurance Market...
Trust in Insurers/Finance Could Take Long-Term Battering with COVID Crisis: Opinion August 10, 2020 By Elisa Martinuzzi, Bloomberg Opinion Like the rest of us, the world’s finance industry is still wrestling with the huge uncertainty of a pandemic that...
Judge Upholds Conviction of North Carolina Insurance Magnate in Bribery Case August 10, 2020 A federal judge has upheld the convictions of two men found to be trying to bribe North Carolina’s top insurance...