Allianz SE Chief Executive Officer Oliver Baete has 3 billion euros ($3.2 billion) to spend on acquisitions and is scouting for targets from Australia to Italy. Rushing into a deal would be a mistake, according to some investors and analysts. …
Ascot Underwriting Ltd. announced that Ian Thompson, Nick Williamson, and Justin Keith will be joining Ascot on March 1 to underwrite healthcare, casualty treaty, and specialty reinsurance business, based in Ascot’s office in Bermuda. The appointments are subject to regulatory …
Donald Trump has no problem saying what he’s thinking – as he proved during a phoner with Australian Prime Minister Malcolm Turnbull on Saturday. This could make one wonder how he’ll treat Prince Charles – a strong believer in climate …
EPIC Insurance Brokers and Consultants has named Bill Bergstrom to lead the operations and growth initiatives of its golf insurance services program. He will be based in EPIC’s Sacramento, Calif. office and report to Paul Lindsay, senior vice president and …
Bay Area Rapid Transit has agreed to pay more than $1 million to settle a lawsuit accusing the agency of violating waste and hazardous-materials laws. The San Francisco Chronicle reported that the transit agency agreed to pay $1.275 million to …
An $8 million lawsuit against a fraternity at a northwestern Oregon college says a hazing incident resulted in a 20-year-old man losing his right eye. KOIN-TV reports that the lawsuit alleges Kellen Johansen was coerced into drinking alcohol, running naked …
This post is part of a series sponsored by CoreLogic. Annual Summary from CoreLogic Details 2016 Natural Hazard Events CoreLogic® analyzes and evaluates the number and severity of natural hazard events that occurred across the U.S. annually in its Natural …
In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against insurers following hailstorms “the newest form of …
The cost of insurance premiums was ranked as the top deciding factor when picking a policy by 61 percent of small and medium-sized enterprises (SMEs), according to survey data released by London-based RSA Insurance. This was followed closely by brokers’ …
Results from a monthly survey of business supply managers released Feb. 1 suggest economic conditions continue to improve in nine Midwest and Plains states, and that confidence in the regional economy is at its highest level in six years. The …
