Why Wholesale Insurance Brokers Are Under Continuing Pressure to Sell February 13, 2018 By Andrea Wells Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire. As...
CNA Reports Solid Q4 and Year 2017 Despite Catastrophes February 13, 2018 Insurer CNA saw its fourth quarter 2017 combined ratio improve and its quarterly net income dip only slightly despite catastrophe...
New York’s Distinguished Programs Hires Beaumont and Hunke February 13, 2018 Distinguished Programs, a New York, N.Y.-based national insurance program manager, has expanded its Data & Actuarial Science department with the...
National Guard Helping After Chemicals Found in Delaware Town’s Wells February 13, 2018 By Randall Chase Delaware Governor John Carney has authorized the National Guard to assist residents of a southern Delaware town after the discovery...
Ironshore Names Russo VP, Mid-Atlantic Regional Executive in Philadelphia February 13, 2018 Ironshore Inc. has named David D. Russo as vice president and regional executive of the Mid-Atlantic region, based in Philadelphia,...
Equifax Breach Exposed More Consumer Data Than First Disclosed February 13, 2018 The Equifax data breach exposed more of consumers’ personal information than the company first disclosed last year, according to documents...
Bank Danamon Indonesia’s Insurance Unit ‘Attracts Interest’ From Foreign Suitors February 13, 2018 By Joyce Koh, Jonathan Browning and Fathiya Dahrul PT Bank Danamon Indonesia, the nation’s fifth-largest lender by market value, is fielding interest from foreign suitors seeking a stake...
XL Catlin Promotes Powell to Chief Underwriting Officer for International Financial Lines February 13, 2018 XL Catlin’s insurance operations announced that Tim Powell has been promoted to chief underwriting officer for international financial lines (IFL),...
Billionaire Chief of SoftBank Bets on Autonomously Driven World: Opinion February 13, 2018 By Alex Webb, Bloomberg Gadfly It has almost become a refrain: just what is Masayoshi Son up to? After plowing money into companies as diverse...
Nexus Acquires D&O and Financial Institutions MGA Apsley Specialty February 13, 2018 Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Apsley Specialty Ltd., a registered Lloyd’s...