Allianz Group said it will soon complete the acquisition of Euler Hermes minorities and will delist the trade credit insurer from the Euronext Paris stock exchange. Following the completion of the simplified tender offer for the shares of Euler Hermes, …
USA Risk Group, a Barre, Vt.-headquartered independent captive management firm, has named Peter Rasmussen vice president of business development. Rasmussen will be responsible for driving all sales activity, and in this role, he will work closely with the organization’s subject …
Volkswagen AG’s luxury unit Audi said on Tuesday that it is recalling 1.16 million vehicles worldwide because of concerns that an electric coolant pump could overheat or short-circuit from moisture within the pump and pose a fire risk. Audi told …
Insurance broker Willis Towers Watson announced three senior appointments within its Corporate Risk and Broking segment to strengthen its broking platform. These appointments are part of the company’s ongoing investment in its dedicated broking centers, which feature specialized teams using …
I’ve been thinking a lot about homeowners’ insurance lately. That might be because I’m in the middle of the BPIC (Basic Personal Insurance Course) and the last two sessions have been focused on homeowners’ insurance. It may also be that …
NAS Insurance Services, LLC has updated its commercial cyber liability insurance policy NetGuard Plus to now include support services designed to help companies evaluate, prepare, and protect themselves from ever-evolving cyber threats. The expanded components of the NAS cyber policy …
Specialty insurer Markel International has appointed Nicholas Davies as trade credit underwriter and senior risk analyst in Singapore. Davies will focus on developing Markel’s portfolio across the region, in addition to managing existing broker and client relationships. Davies reports to …
Beazley has partnered with international law firm DAC Beachcroft to launch a General Data Protection Regulation (GDPR) helpline for its Beazley Breach Response (BBR) policyholders in the UK. The new GDPR regulations, which take effect May 25, 2018, could lead …
The National Weather Service confirms at least three tornadoes in Alabama from Sunday storms, and is surveying other parts of southern Alabama and the Florida Panhandle. A storm with estimated winds of 80 mph (130 kph) overturned five recreational vehicles …
A church near the South Carolina coast that is more than 150 years old has been heavily damaged in a fire. The fire was reported around 3:30 a.m. Sunday at the St. Andrews Church in Mount Pleasant. The fire department …
