Chemical companies are pressing federal officials to spend billions of dollars on a coastal flood control system near Houston to protect petrochemical plants, oil refineries and shipping infrastructure from the next hurricane. The coastal spine, as the project is called, …
Overall customer satisfaction among homeowners filing property insurance claims has reached a new all-time high, despite record-high property losses following a spate of hurricanes, earthquakes and fires in North America. That’s according to the J.D. Power 2018 U.S. Property Claims …
Hub International Ltd. has acquired the assets of Sandy, Utah-based Spectra Management LLC. Terms of the deal were not disclosed. Brent Bennett, president and CEO of Spectra, will continue to lead Spectra operations. Spectra specializes in helping companies create employee …
Purdue Pharma LP’s decision to stop promoting its opioid drugs to doctors is being hailed as the first result of a judge’s push for concrete solutions to a nationwide epidemic, even though the company says the move has nothing to …
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets from Rubino Enterprises Inc. (formerly known as TYG Insurance Agency Inc.). Terms of the acquisition were not disclosed. Based in Arlington, Mass., TYG Insurance provides commercial and personal …
Power is slowly being restored in the hardest hit areas of the East Coast, days after a destructive nor’easter downed trees and power lines, flooded coastal towns and forced a number of school districts to cancel classes – all with …
SIAA (Strategic Insurance Agency Alliance) has hired Dan Smith as director of enterprise applications, a new position at its Hampton, N.H., location. SIAA is a national alliance of more than 6,750 signed independent insurance agency members. Enterprise systems technology in …
DARAG Group Ltd., a leading European legacy acquirer, it has acquired IKANO Försäkring AB, the Sweden-based insurance company. The transaction provides the owner of the Swedish insurer with legal and economic finality in relation to all its insurance business and …
EC Insurance Company Ltd. (ECIC), the specialist insurer for the contracting market, has begun the process of transferring business over to Markel International Insurance Co. Ltd. (MIICL), following ECIC’s acquisition by Markel in November 2017. Sevenoaks, England-based ECIC provides insurance …
Kobe Steel Ltd said on Tuesday its CEO will step down to take responsibility for a widespread data fraud scandal, although doubts remain over a corporate culture mired in malfeasance and the possibility of future fines. Japan’s third-largest steelmaker, which …
