Bermuda-based White Mountains Insurance Group Ltd. announced the election of Manning Rountree as chief executive officer, effective immediately, succeeding Ray Barrette, who is retiring. Rountree has also been elected to the company’s board of directors. Barrette also retired as chairman …
Italy’s biggest insurer Generali has hired BNP Paribas to sell its Dutch business as part of a plan to cut costs in weaker markets and boost profits, sources told Reuters. Generali, which generates most of its revenues and earnings in …
The European Union’s market watchdog is investigating ways to stop national regulators competing unfairly with each other as they try to attract firms from Britain after Brexit in a beauty parade of financial centers. The European Securities and Markets Authority …
A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody’s Investors Service managing director and said he deserves none of the $863.8 million that Moody’s agreed to pay to settle claims it inflated mortgage ratings prior to …
Authorities are investigating a miner’s death in McDowell County, W. Va., at an operation owned by Gov. Jim Justice. Patrick Graham, vice president for Southern Coal Corp., says a worker at its Bishop Preparation plant near Squire died shortly before …
The Hilb Group, LLC (THG) has acquired Charlotte Insurance, located in Charlotte, N.C. The transaction became effective Feb. 1, 2017. Founded in 1992, Charlotte Insurance is one of the largest locally owned property & casualty insurance providers for businesses and …
The Florida insurance market has been a hotbed of controversy over the last year, and many are looking at the Florida State Legislature to alleviate some of the concerns coming from consumers, businesses and the industry itself. From insurance fraud …
International broker and risk management firm Integro Insurance Brokers has promoted Mike Price to lead its global Sport team. The Atlanta-based Price will lead strategy and continued development of the sport division, and work closely with the management teams in …
Ironshore Specialty Casualty’s Public Entity division has introduced a policy extension offering institutions of higher education an automatic endorsement for expenses related to natural or man-made incidents, including active shooter and weapon wielding incidents, impacting campus operations. Ironshore’s new Campus …
Dozens of public workers gathered on March 1 at the Iowa Capitol in opposition to a bill that would reduce compensation for getting injured on the job, just weeks after legislators voted to severely limit their collective bargaining rights. The …
