August 7, 2015
AXA announced it has entered exclusive negotiations with Ageas for the potential sale of AXA’s Portuguese operations. These operations include AXA’s entire stake in AXA Portugal Companhia de Seguros SA (P&C business), AXA Portugal Companhia de Seguros de Vida SA …
August 7, 2015
RSA Insurance Group plc, the subject of a potential takeover bid by Zurich Insurance Group AG, reported a jump in first-half profit that beat analyst estimates and restored the interim dividend. Operating profit rose 84 percent to 259 million pounds …
August 7, 2015
Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent as lower claims from natural catastrophes offset a drop in earnings at Pacific Investment Management Co. Net income increased to 2.02 billion euros ($2.2 billion) from 1.76 billion euros …
August 7, 2015
San Diego, CA, August 7, 2015 – Atlas General Insurance Services, LLC was recently named as one of the Best Places to Work in San Diego. The annual list of the Best Places to Work in San Diego was created …
August 7, 2015
Two Boone County, Kentucky, emergency dispatch workers have filed a whistleblower lawsuit against the county, accusing a supervisor and co-worker of using abusive language to minority callers and sleeping on duty. The Kentucky Enquirer reports that Kelly Preston and Jeanne …
August 7, 2015
Renewed hunts for oil in sensitive Florida ecosystems have environmental groups raising questions about the state’s regulation of the oil and gas industry. A Miami company, Kanter Real Estate LLC, has submitted a permit application to drill an exploratory oil …
August 7, 2015
Second-term incumbent Mike Chaney of Vicksburg has won the Republican nomination for insurance commissioner. He held off a challenge Tuesday from John Mosley, a body shop owner from Clinton. Mosley campaigned, in part, by saying insurance companies have gotten away …
August 6, 2015
Union Insurance Group, a Chicago-based commercial insurance agency specializing in property/casualty and professional liability products for labor organizations, announced that it has acquired The McLaughlin Company, an insurance agency in Rockville, Maryland. Terms of the transaction were not disclosed. “We …
August 6, 2015
Federal prosecutors say a Providence, Rhode Island, landlord admitted to setting fire to an occupied building he owned in a scheme to collect insurance payments. Rony Metellus pleaded guilty Monday to one count of defrauding an insurance company. Prosecutors say …
August 6, 2015
Chesapeake Employers’ Insurance Company, the largest writer of workers’ compensation insurance in Maryland, announced the appointment of Charles Dankmeyer as chairman of the Board after having served as vice chairman and member since 2008.