A European Union regulation intended to prevent a rerun of the global credit crunch by shining a light on financing arrangements such as repurchase agreements, securities lending and margin loans comes into force on Tuesday. The EU’s Securities Financing Transactions …
Everest Re Group Ltd. announced that Paul Kneafsey will be joining the company as the active underwriter of its Lloyd’s Syndicate 2786. Kneafsey is expected to assume his new role effective May 1, 2016. He will join Everest from ArgoGlobal …
ArgoGlobal* announced the appointment of Ryan Barnes as head of Casualty for Syndicate 1200. He takes up his new role following the departure of Paul Kneafsey who has left ArgoGlobal to join Everest Re as active underwriter of its Lloyd’s …
Uncertainty over whether Mario Greco will stay on as chief executive of Generali rattled investors in Italy’s top insurer on Monday after a Swiss newspaper reported rival Zurich Insurance was set to poach him. Speculation that Greco, who ran the …
Los Angeles, CA, January 12, 2016—Worldwide Facilities, a national wholesale insurance brokerage and managing general agent, announces the opening of a new location in the south bay area of Los Angeles, California. Brian Vassallo will serve as Senior Vice President. …
Georgia farmers have endured a winter that wouldn’t start and rains that wouldn’t quit. The state’s pecan, peach and blueberry crops have been threatened by too many warm days and too much water, growers across Georgia said recently. The final …
The commission responsible for enforcing workers’ compensation laws in North Carolina has cracked down in the last year on employers who don’t carry proper insurance, collecting $1 million in civil fines from uninsured companies. The News & Observer of Raleigh …
Berkshire Hathaway Specialty Insurance (BHSI) has introduced Professional First Miscellaneous Professional Liability (MPL) Insurance in Canada. The new MPL policy provides claims-made coverage for professionals and professional services firms facing allegations of negligent acts, errors or omissions, misstatements, misleading statements, …
Confie, a national provider of personal and commercial lines insurance, has acquired Most Insurance, LLC of Tampa, Fla. Established by Bob Most in 1973, Most Insurance, LLC is a family owned and operated business. With three locations in the metro-Tampa …
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Matt Reese as senior vice president. He is based in Chicago. Reese comes to JLT Specialty USA having led the Chicago operations for Hays Companies. Prior …
