Pension Insurance Corp. agreed to insure 900 million pounds ($1.3 billion) of Aon Plc’s Retirement Plan in the U.K. as the world’s second-largest insurance broker seeks to reduce risk. The agreement with Aon covers the majority of the pension fund’s …
Great American Insurance Group announced today that the Mexican Insurance Commission has granted formal approval to extend the license of its local company, El Águila Compañía de Seguros, S.A. de C.V., to establish a specialty property & casualty operation in …
W.R. Berkley Corp. announced the formation of Berkley Insurance Asia. Shasi Gangadharan has been named chief executive officer and Aaron Yip has been appointed chief operating officer. The appointments are effective immediately. This new operating unit will begin offering specialty …
Assicurazioni Generali SpA, Italy’s biggest insurer, said first-quarter profit fell 14 percent on lower income from its life insurance business and after record capital gains from last year weren’t repeated. The shares fell the most in three months. Net income …
Zurich Insurance Group AG, Switzerland’s biggest insurer, posted a first-quarter profit that beat analysts’ expectations as Chief Executive Officer Mario Greco continues the overhaul of its biggest unit. Net income fell 28 percent to $875 million from $1.22 billion a …
Venture Insurance Programs, a national insurance program administrator, has added Allied World Assurance Company (AWAC) as a new market for its SPORTSMAN program, which serves hunting and fishing resorts, lodges and private clubs. AWAC will serve as an additional carrier …
Manchester Specialty Programs, a national specialty underwriting and insurance program management firm for home care, hospice and other health-related classes, is now offering allied health business insurance coverage on an admitted basis through Great American Insurance Group. Great American’s suite …
A house north of Richmond has become the sixth home in Central Kentucky that state police think were recently burglarized and then set on fire. Trooper Robert Purdy told news outlets that a Madison County home received a “fair amount …
Twenty-five dogs have died in North Carolina after a kennel caught fire. No. 7 Township Fire Chief Travis Blalock tells local media that the fire started just before 4 a.m. Monday at Lynaire Kennels and Crematory in New Bern, a …
Some students at the University of North Carolina Charlotte had to move out of off-campus apartments right before final exams because of construction issues. Multiple media outlets reported more than 100 students had to move over the weekend after concerns …
