ACE Group has created a new regional head of claims role for the Eurasia and Africa region and has promoted Stephen Crabb, currently political risk and energy claims manager for ACE European Group, to the position. ACE said the appointment …
AIA Group Ltd., the third-largest Asia-based insurer by market value, posted a 21 percent increase in new business value as China became its second-largest market for the first time by that measure. The gauge of projected profitability of new policies …
Beazley plc, the first Lloyd’s of London insurer to report earnings, had a 16 percent increase in first-half profit, helped by growth in its U.S. business. Pretax profit rose to $154.5 million from $132.9 million a year earlier, the Dublin-based …
DUAL, the underwriting arm of the Hyperion Insurance Group, announced it has appointed Amanda Hayes as managing director of Latin America and Caribbean Business Development. Hayes starts on August 1 and will report to DUAL’s global chief underwriting officer, Talbir …
Jardine Lloyd Thompson Group plc sued Howden Insurance Brokers in a bid to thwart plans by the rival to poach 17 of its Singapore staff. The broking arm of Hyperion Insurance Group, headhunter Huntington Search Partners Pte, JLT Singapore Managing …
A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Tower Hill Prime Insurance Company (Tower Hill Prime) in Gainesville, Fla. The outlook assigned to both ratings is stable. The ratings …
Federal prosecutors want a judge to schedule a guilty plea hearing for the top executive charged in a massive chemical spill that contaminated West Virginia’s biggest drinking water supply last year. In federal court in Charleston on July 22, prosecutors …
School districts in North Carolina may soon be barred for five years from suing their counties over the amount of funding they receive under a new provision approved by the state Senate. The Senate passed on July 22 a bill …
A coalition of environmental groups is supporting Duke Energy’s effort to dismiss part of long-running lawsuit over pollution leaking from the company’s coal ash dumps. The Southern Environmental Law Center filed July 22 in support of Duke’s motion to a …
The Maine Department of Public Safety says crime dropped nearly 15 percent last year, the largest drop in the four decades that the state has kept detailed records. Commissioner John Morris said Wednesday every crime category tabulated by the state’s …
