The Hartford Reports Big Profit Gain in Q1; Record New Commercial Business May 2, 2018 By Andrew G. Simpson The Hartford reported a big rise in net income for the 2018 first quarter, crediting improved overall underwriting results, lower...
Amazon, Lowe’s, Tesla Make ‘Dirty Dozen’ Unsafe Workplace List May 2, 2018 Amazon, Lowe’s and Tesla are among the firms on a list of employers with unsafe workplaces published by a federation...
Octo Telematics Says It’s Freed from U.S. Sanctions After Execs Buy Russian Shares May 2, 2018 Italy’s Octo Telematics, a global provider of telematics for the auto insurance industry, confirmed the completion of the purchase of...
Swiss Re Receives OK for Expanded South Africa License May 2, 2018 Swiss Re’s reinsurance business unit has a newly-approved license for property/casualty business in South Africa. The move completes Swiss Re’s...
Vermont’s USA Risk Group Promotes Lyford to Senior Vice President May 2, 2018 USA Risk Group (USARG), a Barre, Vt.-based independent captive management firm, has promoted Cindy Lyford to senior vice president. Lyford...
$4M Settlement Reached in Lawsuit Over Boating Death May 2, 2018 The parents of a man who died in a Virginia boating accident have reached a $4 million settlement in a...
N.J. Roofing Contractor Cited for Safety Hazards, Could Face $221K in Fines May 2, 2018 The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited roofing contractor John Prevete Framing LLC for...
Global Catastrophe Bonds Set Q1 Record: Aon May 2, 2018 Global catastrophe bond issuance broke a first-quarter record, come in at nearly $3.6 billion for Q1 2018 as the market...
U.K.-EU Brexit ‘Working Group’ Tasked with Fate of Insurance Policies May 2, 2018 By John Glover, Alexander Weber and Piotr Skolimowski The European Central Bank and the Bank of England have been drafted in to study the threats that Brexit poses...
Pioneer Underwriters Names Gaffney Chief Operating Officer May 2, 2018 Pioneer Underwriters has appointed Simon Gaffney as group chief operating officer, He will report to Dane Douetil, group chief executive...