Ascot Group Ltd. (AGL) announced the creation of Vertical Underwriting Managers, its first specialty managing general agency (MGA) cell under Ethos Specialty Insurance Services, AGL’s standalone MGA Vertical will underwrite both standard and specialty P/C business as well as target …
On a test route in Berlin traffic, an experimental Jeep Grand Cherokee slams on its brakes every few hundred yards, like a nervous teenager with a learner’s permit. In a sense, that’s exactly what the robo-car is. Even after months …
State police say two contractors working on a pipe in an underground pit at a western Pennsylvania power plant were killed when the pipe ruptured, filling the pit with sludge. Police say four other workers above the pit were overcome …
An Avon, Mass., man has been arrested and arraigned in connection with allegedly running a major motor vehicle theft scheme. Authorities arrested Jose Sostre on Tuesday in Avon. Following his arrest, Sostre was arraigned in Suffolk Superior Court on charges …
The U.S. Equal Employment Opportunity Commission filed a lawsuit on Wednesday accusing Estee Lauder Companies Inc. of discriminating against men by giving them less paid parental leave than women. The commission said in the lawsuit filed in Philadelphia federal court …
Former insurance industry executive and innovator, Robert “Bob” J. Newhouse Jr. died on August 26, 2017, following a brief illness. He spent 36 years at Marsh & McLennan Cos. (MMC), where he served as a senior executive for Guy Carpenter …
How powerful would Hurricane Harvey have been in 1880? How much stronger might it be in 2100? A single Hurricane Harvey has been more than anyone can bear. But to better prepare cities for future storms, researchers are preparing to …
Integro Insurance Brokers has hired Michael McCarroll as senior vice president in the firm’s Woodland Hills, Calif. office. McCarroll will focus on developing new opportunities within the property & casualty, benefits and entertainment sectors. McCarroll joins Integro from Willis. He …
Hurricane Harvey has set a U.S record, according to the National Weather Service, dumping 51.88 inches of rain in parts of Texas. As the tropical storm moves over southern Louisiana, claims catastrophe teams are moving in to devastated cities in …
Hurricane Harvey’s costs to the victims in its path, to U.S. taxpayers, to insurers and to the economy were still being calculated on Wednesday, with few firm estimates available yet. Texas could need more than $125 billion from the U.S. …
