The Bad News About High Auto Insurance Customer Satisfaction December 10, 2018 By Robert M. Lajdziak Record high customer satisfaction among auto insurance customers is clearly good news for customers, especially at a time when their...
Ed Broking to Open Bermuda Operation December 10, 2018 Ed, the London-based reinsurance, wholesale and specialty broker, announced that it will expand its international footprint by setting up a...
AIG Expands Coverage as Whisky Collecting Gains Among Wealthy December 10, 2018 By Colin Bertram With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not...
Draycott Named CEO of Ed Broking in Preparation for BGC Partners’ Purchase December 10, 2018 Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Andrew Draycott as CEO-designate of Ed Broking...
Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S. December 10, 2018 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand,...
BHSI Withdraws from Hong Kong Employees’ Compensation Terrorism Pool December 10, 2018 Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has withdrawn from the Hong Kong Employees’ Compensation (EC) terrorism pool,...
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio December 10, 2018 By L.S. Howard Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government’s...
Peak Re Launches Asian Reinsurance Sidecar Deal Using Bermuda Special Purpose Insurer December 10, 2018 Peak Reinsurance Co., the Hong Kong-based reinsurer, announced it has launched Asia’s first sidecar transaction via a new Bermuda-domiciled special...
UK Can Reverse Brexit Process, Rules Top EU Court December 10, 2018 By Stephanie Bodoni The U.K. can unilaterally reverse the Brexit process, the European Union’s top court said in a landmark ruling that will...
Georgia Claims Uber Owes State $22M in Sales Taxes, Other Charges December 10, 2018 Uber could owe tens of millions of dollars to Georgia if the state is successful in a legal battle. The...