Specialty insurer Hiscox has appointed Eric Micheals as its chief underwriting officer in the U.S. Micheals replaces Nicole Goodwin, who is retiring. Micheals is based in New York and reports to Ben Walter, chief executive officer for Hiscox in the …
Strong winds, high waves and toxic gases are hindering dozens of rescue boats struggling to locate missing sailors from a stricken oil tanker in the East China Sea and to extinguish a fire that has burned for the past three …
AXIS Capital Holdings Ltd. announced it has received authorization from Lloyd’s for AXIS Managing Agency Ltd. to commence the management and oversight of Novae Syndicate 2007 and SPS 6129 after its acquisition of Novae in October 2017. The authorization became …
Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in both the developing and developed world, according to a report published by Clyde & Co. The protection gap is the …
A former accountant for the Oklahoma Beef Council has been sentenced for embezzling nearly $2.7 million from the nonprofit. Melissa Day Morton, 46, was ordered to pay $3 million in restitution, The Oklahoman reported. The beef council will receive $2.3 …
Louisiana has paid at least $1.3 million to settle more than two dozen sexual harassment claims since mid-2009, including allegations made against college professors, judges, health care workers and one former state lawmaker, according to records released on Jan. 5. …
Chicago-based commercial insurer, CNA, has appointed Carrie Goesel as vice president, Financial Institutions Underwriting. In this role, Goesel is responsible for leading the Financial Institutions underwriting practice, including asset managers, banks, insurance companies, private equity and venture capitalist. She reports …
Blackstone Group wants to quadruple to $100 billion the assets it manages at its new unit for insurers as it seeks to boost returns for firms struggling under low interest rates, the unit’s newly appointed chief said on Monday. Blackstone …
A former Google engineer fired after he asserted in a memo that biological causes were behind tech industry gender inequality sued his former employer on Monday, saying he was discriminated against as a white man with conservative political views. James …
U.S. President Donald Trump on Monday told farmers gathered in Tennessee that he supports crop insurance, signaling a possible shift from his proposals last year to shrink a program that many farmers rely on for funding their operations. Speaking at …
