Hub International Acquires Quebec-Based Seymour Alper December 2, 2020 Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were...
Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S. December 2, 2020 Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your...
Lockton Adds 3 Managing Directors from Aon to Its Transaction Liability Practice December 2, 2020 Global insurance broker Lockton reports that three transaction liability advisors from Aon — Joshua Halpern, Gaurav Sud and Eric Ziff...
Former Tesla Employee Settles Over Theft of Trade Secrets, False Claims to Media December 2, 2020 By Jonathan Stempel A former Tesla Inc. factory employee will pay Elon Musk’s electric car maker $400,000 after it accused him of tipping...
Sri Lanka Evacuates 75,000 from East Coast on Threat of Cyclone Burevi December 2, 2020 By Waruna Karunatilake COLOMBO – Sri Lanka evacuated 75,000 people from homes on the east coast, where Tropical Cyclone Burevi, packing winds of...
AXIS Re Hires Willis Re’s Bangs as Head of Japan December 2, 2020 AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of...
New Independent London Broker, Ballantyne Brokers Ltd., Opens for Business December 2, 2020 Ballantyne Brokers Ltd., an independent London broker, announced it has started business. Founded by veteran London market brokers, Ross Ballantyne...
The Liberty Company Insurance Brokers Adds Borkowski, Caparo Insurance Team December 2, 2020 The Liberty Company Insurance Brokers has announced that Steve Borkowski and Caparo Insurance of Conshohocken, Penn., have joined the firm,...
Insuring Cyber Podcast Episode 3: Underneath ‘the Tip of the A.I. Iceberg’ in Insurance December 2, 2020 Nearly 75% of respondents in a recent survey from the Coalition Against Insurance Fraud and Shift Technology said they believe...
Update: Bermuda-Based Reinsurer Conduit Holdings’ Stock Rises After $1.1B London IPO December 2, 2020 By Swetha Gopinath Conduit Holdings Ltd. rose as the Bermuda-based reinsurer started trading in London after an 826 million-pound ($1.1 billion) initial public...