No-Deal Brexit Won’t Be ‘End of the World’: UK Prime Minister August 28, 2018 By Alex Morales The U.K. can still make a success of Brexit if it tumbles out of the European Union without a deal,...
Lloyd’s Market Assn. Appoints Navigators’ Cameron as CEO, Succeeding Gittings August 28, 2018 Sheila Cameron, currently head of International Operations at Navigators Underwriting Ltd., is to become the next CEO of the Lloyd’s...
Hong Kong’s FWD to Buy HSBC’s Stake in Malaysia Insurance Joint Venture: Sources August 28, 2018 By Sumeet Chatterjee and Liz Lee Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings Plc’s stake in a Malaysian insurance joint venture as...
Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm August 28, 2018 By Trevor Hunnicutt, Sankalp Phartiyal and Kane Wu Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm,...
Private Equity Firm Apollo to Buy Aspen Insurance for $2.6 Billion August 28, 2018 By Neil Callanan Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6...
Western Kentucky University Developing Drought Warning System for State August 28, 2018 Western Kentucky University is developing a statewide drought warning system with the help of a $200,000 federal grant. The Bowling...
Trinity Underwriting Managers Adds Kirchen as Underwriter in Georgia Office August 28, 2018 Trinity Underwriting Managers (TUMI), a division of Worldwide Facilities, has added Haley Kirchen as underwriter. She will be based in...
North Carolina Suspends Printing of Driver’s Licenses Due to Card Errors August 28, 2018 The North Carolina Division of Motor Vehicles has suspended the printing of new driver’s licenses after people noticed errors on...
Serial Arsonist Arrested for Torching RVs at Florida Dealership August 28, 2018 A serial Florida arsonist has been arrested and charged with 10 counts of 2nd degree arson in Palm Beach County...
Report Shows California Wildfires, Climate Change Altering Insurance Landscape August 27, 2018 By Don Jergler Insurers may be non-renewing more in wildfire-prone areas of California, sending an increasing number of people to the residual market...