The popular ridesharing service Uber has announced it is leaving Broward County. The company announced July 6 that it will withdraw completely from the county on July 31. Uber had previously agreed to withdraw from the airport and port in …
The U.S. needs to follow through on plans to impose tougher rules on non-bank financial institutions such as mutual funds and insurers that are increasingly posing a risk to the financial system, the International Monetary Fund said. It’s critical that …
Hyperion Insurance Group, the London-based employee-owned insurance and reinsurance intermediary group, announced that Adrian Colosso will be stepping down and retiring from his role as CEO of Howden UK at the end of July 2015. Colosso came out of retirement …
W. R. Berkley Corporation announced the formation of Berkley International Seguros Colombia S.A., which it said would “provide a full range of commercial insurance products, including construction all risk, surety, general liability, directors and officers liability, select classes of professional …
PERILS AG has disclosed its third loss estimate for windstorm Elon-Felix which affected Western and Northern Europe between the 8th and the 12th of January 2015. The revised estimate of the property insurance market loss is €328 million [$362 million]. …
Altitude Risk Partners, Castel’s global aviation and space underwriting business, announced that it “has added the General Insurance Corporation of India [GIC], the world’s 15th largest reinsurer, to its aviation capacity providers. “The Indian government owned business joins existing capacity …
Circling thousands of feet above Tasmania’s farmland in a light aircraft, Christina Nebel prepares to release tiny chemical particles as part of a cloud-seeding scheme estimated to have helped boost rainfall on the Australian island by at least 5 percent. …
Marsh & McLennan Agency LLC*, a subsidiary of Marsh, has acquired Vézina, a Montreal, Quebec-based independent insurance brokerage firm. The acquisition includes the property/casualty brokerage division Vézina Assurances Inc. and group benefits division Vézina & Associes. Terms of the transaction …
The UK Financial Reporting Council is investigating former employees of RSA Insurance Group plc’s Irish unit regarding accounting irregularities in 2012. “The FRC has decided to investigate the conduct of certain individual members,” the accounting and auditing authority said in …
FIRST Insurance Funding Corp. in Northbrook, Ill., has added Justin Berry as a senior vice president and regional sales manager. Berry will manage FIRST Insurance Funding Corp.’s Midwest sales team and assist with national accounts. He previously was with MarshBerry …
