December 4, 2017
Compre, the independent insurance and reinsurance legacy specialist, announced that Nick Steer, a founding director, will step down as group CEO in March 2018. He will remain within the group as non-executive deputy chairman, advising on future acquisitions. Will Bridger, …
December 4, 2017
A man has filed a lawsuit against a Pittsburgh amusement park claiming he contracted an eye-eating parasite after getting splashed on a water ride. Robert and Krystsina Trostle claim in their lawsuit filed Tuesday that he contracted the parasite while …
December 4, 2017
A construction company says it will challenge violations and nearly $330,000 in fines proposed by the Occupational Safety and Health Administration over possible mercury exposure at Eversource’s Schiller Station in Portsmouth, New Hampshire. Connecticut-based Manafort Brothers Inc. began mercury and …
December 4, 2017
Octo Telematics, the the London-based provider of telematics for the auto insurance industry, announced it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson, which was announced on Oct. 11, 2017. The financial details of …
December 4, 2017
USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and consulting, employee benefits and property/casualty insurance national practices of …
December 4, 2017
A Maryland court is weighing whether to give workers sickened by asbestos exposure more time to sue their employers, a move that could open the door to new lawsuits. The Baltimore Sun reports Maryland law currently allows 20 years for …
December 4, 2017
The Hartford has agreed to sell Talcott Resolution, its run-off life and annuity businesses, to a group of investors led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook and J. Safra …
December 4, 2017
Allianz Global Corporate & Specialty (AGCS) announced that Yogesh “Yogi” Virji has been promoted to lead the UK cyber team. In addition, Hui Yu will join the UK team as a senior underwriter in the new year. These two underwriting …
December 4, 2017
Arthur J. Gallagher & Co. has acquired Wayne, Illinois-based Weiss Insurance Agencies Inc. Terms of the transaction were not disclosed. Founded in 1905, Weiss Insurance Agencies provides a full range of employee benefits, property/casualty, financial and retirement products and services, …
December 4, 2017
Veteran insurance agent and now Brightway Insurance store owner, Bob Brundle, will open Brightway, The Bob Brundle Agency in Grand Blanc, Michigan on Dec. 4, the agency franchise operation announced. He has a decade of experience working with Allstate Insurance. …