French insurance group AXA is looking for more acquisitions in emerging markets, the company said after posting a 14 percent rise in full-year net income and lifting its dividend by 13 percent. Faced with low interest rates in the United …
RSA Insurance Group Plc is considering a rights offering to replenish capital following a scandal at its Irish unit and losses related to flooding in towns along the River Thames and southwest England. A share sale is one of a …
Aviva Plc, RSA Insurance Group Plc, and Direct Line Group Plc are poised to bear the brunt of losses from flooding in Britain that is estimated to cost the industry as much as £1 billion ($1.667 billion). Aviva, the U.K.’s …
London-based The Shipowners’ Club has launched a policy for its high net worth super yacht client base to indemnify them against Seafarers Unpaid Wages Following Abandonment (SUWFA), which the bulletin indicated was “its latest response to specific market demand for …
James Eldredge has joined The Buckner Co. in Utah Eldredge has more than a decade of insurance experience, mostly within the commercial insurance sector. Eldredge focuses on contractors, real estate development, professional liability, environmental and pollution, non-profit organizations, manufacturing and …
New York’s financial regulator recently revealed new details on his agency’s plans to govern virtual currency firms in the state in order to protect consumers and combat money laundering. Benjamin Lawsky, superintendent of New York’s Department of Financial Services, expects …
At a recent public hearing, Massachusetts Attorney General Martha Coakley’s office expressed its opposition to the workers’ compensation average rate increase proposal and argued that the rate should be lowered instead. The Attorney General’s office expressed its view at the …
A new law in Vermont would soon authorize the state to license and regulate specialized Vermont-based companies whose only purpose would be to buy and manage closed blocks of non-admitted commercial insurance policies and reinsurance agreements. Gov. Peter Shumlin was …
Lockton Cos. announced Frank Vento has joined as vice president and leader of the investment management practice in Lockton’s Washington, D.C., office. In his new role, Vento will help develop risk management and insurance services for investment advisers, mutual funds, …
Starkweather & Shepley Insurance Brokerage, one of the largest independent insurance agencies in the Northeast, recently celebrated the 135th anniversary of its founding. Starkweather & Shepley logo”This is an exciting time for the firm. It’s a real tribute to what …
