Lacewell Takes Over as New York DFS Superintendent Following Vullo’s Tenure February 5, 2019 By Greg Farrell When Governor Andrew Cuomo of New York launched his statewide banking and insurance regulator several years ago, he picked an...
USI Insurance Services Acquires New York’s GFI Insurance Brokerage February 5, 2019 USI Insurance Services (USI), a provider of insurance brokerage and risk management, has acquired New York-based GFI Insurance Brokerage Inc....
Maine’s The MEMIC Group Promotes Delcourt, Fendler February 5, 2019 Workers’ compensation specialist The MEMIC Group promoted Ben Delcourt to underwriting manager and Shae-Li Fendler to underwriting analyst manager. Delcourt...
Once Known as the ‘Bond King,’ Gross Retires After 40-Year Career February 5, 2019 By John Gittelsohn Bill Gross, who transformed bond investing over a storied four-decade career, is leaving the stage after a tough final chapter....
Crypto Exchange Founder Dies, Along with Sole Password to Access $200M February 5, 2019 By Doug Alexander Digital-asset exchange Quadriga CX has a $200 million problem with no obvious solution — just the latest cautionary tale in...
Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France February 5, 2019 Swiss Re Corporate Solutions is expanding its cyber offering by launching CyberSolution 360°, a risk management solution that combines insurance...
Update: SCOR CEO Says Activist Fund Criticisms of Covea Tactics Constitute Slander February 5, 2019 By Inti Landauro French reinsurer SCOR’s Chief Executive Denis Kessler promised on Tuesday to release a strategic plan that would set new targets...
Chubb Launches Media Industry Practice for UK and Ireland February 5, 2019 Chubb announced the launch of a Media Industry Practice for the UK and Ireland. This latest addition to Chubb’s existing...
UK’s Financial Services Industry Still Unscathed from Brexit Uncertainty: Reuters February 5, 2019 By Andrew MacAskill and Simon Jessop Britain’s financial services industry has emerged largely unscathed so far from the build-up to Brexit, with about 2,000 roles expected...
Louisiana Insurance Exec Arrested for Theft of Nearly $1M February 5, 2019 An insurance business owner and former official for a Louisiana port has been arrested for stealing nearly $1 million from...