The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the environmental threat of heavy fuel oil pollution from ships plying an increasingly popular trade route. Average Arctic temperatures are rising twice as fast as elsewhere …
Marsh Captive Solutions announced with immediate effect the appointments of Will Thomas-Ferrand as Strategy & Operations leader, Europe, the Middle East, and Africa (EMEA) and Asia Pacific, and Stephen Portelli as head of office in Malta. Both report to Ian …
RSA chief Stephen Hester said a British exit from the European Union could have a negative impact on the insurer’s business and investment returns, underscoring a warning from top executives about the impact of withdrawal. Hester was one of 36 …
AXA SA, France’s largest insurer, said 2015 profit rose 12 percent, helped by higher life insurance sales in Europe and Asia. The shares rose. Net income climbed to 5.62 billion euros ($6.2 billion) from 5.02 billion euros [$5.5 billion] a …
AIA Group Ltd., the third-largest Asia-based insurer by market value, posted a 22 percent decline in full-year profit as weaker regional currencies and stock-market gyrations detracted from business growth. The insurance company announced an unexpected 50 percent increase in its …
The owner of a Georgia-based insurance firm is requiring all of his employees to get permits to carry concealed weapons and providing each of them with a handgun. Lance Toland of Lance Toland Associates said Tuesday that the slaying of …
North Carolina Insurance Commissioner Wayne Goodwin announced the arrests of five Wilmington women in connection with an alleged staged auto accident ring. Investigators allege that over the course of three separate vehicle crashes, the women provided false statements to law …
Venture Insurance Programs, a national insurance program administrator, has acquired Tidal Solutions, LLC, a Charlotte, NC-based managing general underwriter serving the North American specialty commercial marine market. Venture will integrate the Tidal Solutions marine products into its portfolio of industry …
Alan Krapf, president of San Antonio-based USAA Property and Casualty Insurance Group, has announced his intention to retire. USAA has begun the process of identifying internal and external candidates for the role. Once a new president is in place, Krapf …
Rhode Island transportation officials say 45 people died on the state’s roadways last year, a steady decline from previous years. Most victims were in a motor vehicle. Nine were riding bicycles and eight were pedestrians. Transportation Director Peter Alviti says …
