AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake Zurich. That’s where top executives of the French behemoth and XL Group Ltd., fresh from the annual gathering of the …
The final estimate of insured property market losses for extratropical cyclone Zeus, which mainly hit France last year on March 6-7, have been revised to €272 million (US$335.1 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe …
Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain. Sompo currently has a London-based operation but must open EU-based headquarters in order to conduct business seamlessly after the U.K. exits the European Union. It has …
U.K. politicians are demanding law and accounting firms revise figures on how male and female staff are remunerated amid criticism that their partnership structures let them understate the gender pay gap. British companies with more than 250 employees have until …
Digital agency Pie Insurance said it is ready to start selling its workers’ compensation policies in four states this month, with a goal of operating in as many as 20 states by the end of 2018. The startup that claims …
Employers are struggling to hire workers in tightening U.S. job market. Marijuana is now legal in nine states and Washington, D.C., meaning more than one in five American adults can eat, drink, smoke or vape as they please. The result …
Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate to take up, before the end of May, a stalled bill aimed at speeding the deployment and testing of self-driving …
SouthPoint Risk Advisors, an independent insurance agency based in Nashville, has announced it acquired two Tennessee agencies at the end of 2017. On Oct. 1, SouthPoint officially acquired Consolidated Insurance Services, located in Knoxville. CIS provides auto, home, business, liability, …
USI Affinity has entered into an agreement with The Hanover Insurance Company to provide an enhanced lawyer’s professional liability insurance product in the following states: N.J., Mass., D.C., Conn., Md., Va. and W.V., effective Sept. 1, 2018. The USI Affinity …
Risk Innovations, a national wholesaler that specializes in personal lines insurance and workers’ compensation, has made two promotions in its Atlanta office. Kathryn Powell Smith, who has led the Personal Lines team for the past four years, has been promoted …
