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...
North Carolina Study: Black Drivers Twice as Likely to be Stopped by Police August 10, 2020 A state study shows that Black drivers in North Carolina are stopped by police at more than twice the rate...
Stop-Work Order Issued at Miami Construction Project After 6 Workers Injured August 10, 2020 Construction was halted Thursday at a Miami construction site where six workers were hurt when a load of rebar fell...
Gridiron Insurance Underwriters of Florida Hires Murphy to Lead Property Division August 10, 2020 Gridiron Insurance Underwriters, Inc., a program manager specializing in program business on a regional and national basis through select retail...
HUB in Chicago Taps Hatfield and Web to Lead Central Region Consulting and Growth August 10, 2020 Chicago, Ill.-based HUB International Ltd. has added Geoff Hatfield and Scott Webb to the Central region executive team. Hatfield joined...
Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic August 10, 2020 By Andrew G. Simpson What pandemic? Allstate’s doing just fine. The giant personal lines insurer reported net income of $1.2 billion for the second...