Dallas-based property/casualty program and specialty brokerage firm, U.S. Risk Insurance Group (U.S. Risk), announced it has agreed to be acquired by USI Insurance Services (USI). The transaction is expected to close in the second quarter of 2019, subject to customary …
Reported liquidity issues at China Minsheng Investment Group (CMIG), the ultimate owner of Sirius International Group, will not affect Sirius Group’s creditworthiness, said a bulletin issued by S&P Global Ratings. S&P said its rating for Sirius Group continues to be …
It’s a widespread belief that men pay more for automobile insurance than women. But that’s only true for young adults. Several studies in 2018 and 2017 revealed that women over 25, particularly those between 40 and 60, often pay more …
Hawaii lawmakers have advanced a measure that would allow judges to prohibit people convicted of drunken driving from purchasing or publicly consuming alcohol for three years after their conviction. The measure, introduced by House Judiciary Chairman Chris Lee, has yet …
Mercury General Corp. reported a fourth-quarter loss of $81.9 million, after reporting a profit in the same period a year earlier. The Los Angeles, Calif.-based carrier said it had a loss of $1.48 per share. Losses, adjusted for investment costs, …
As Amazon.com Inc. and Google work to place their smart speakers at the center of the internet-connected home, both technology giants are expanding the amount of data they gather about customers who use their voice software to control other gadgets. …
Southern courts favor physicians in malpractice lawsuits over facial trauma treatment, while courts in the Midwest favor patients, according to a Rutgers study. The study, which was published in the Journal of Oral and Maxillofacial Surgery, is the first to …
American International Group has named Carla Ferrara as head of communications for AIG’s Investments organization. Ferrara will be based in New York and report to Elaine Rocha, chief operating officer, AIG Investments. Ferrara brings 25 years of experience in the …
AXA XL announced another step in its post-merger integration which is expected to lead to job losses in Europe. AXA XL said it began transferring employees in Europe into a single employing company at the beginning of February and, subject …
Brown & Brown Metro LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of Smith Insurance Associates Inc. Smith Insurance is a family owned agency with more than 35 years of experience, providing a …
