March 12, 2019
The strongest tropical cyclone in at least a decade is expected to make landfall in Mozambique at the end of the week, bringing devastating winds and floods to the central coastline. The storm, named Idai, has already strengthened to the …
March 12, 2019
Starkweather & Shepley Insurance Brokerage Inc. (S&S) has hired Shikha Hornsey as chief information officer based in East Providence, R.I. Hornsey will be responsible for formulating organizational growth through technical, digital and innovative business. She will also provide strategic IT …
March 12, 2019
Towne Insurance, a wholly-owned subsidiary of TowneBank, has acquired Straus, Itzkowitz & LeCompte Insurance, a full-service, independent agency located in Richmond, Va. Straus, Itzkowitz & LeCompte is led by agency president Fred Itzkowitz and executive vice president Pettus LeCompte. They …
March 12, 2019
The natural gas company blamed for a series of explosions and fires in Massachusetts’ Merrimack Valley says it’ll resume replacing damaged heating equipment for property owners this spring. Columbia Gas of Massachusetts said furnaces, boilers and hot water heaters repaired …
March 12, 2019
Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. …
March 12, 2019
U.S. aviation regulators signaled their confidence in the safety of Boeing Co.’s embattled 737 MAX jetliner, issuing a global notice of “continued airworthiness” a day after the model’s second deadly crash in less than five months. There isn’t conclusive evidence …
March 12, 2019
Luxembourg said it is “very pleased” that about 50 asset managers, insurers, and other financial firms have looked to the Grand Duchy as a foothold in the European Union once the U.K. leaves the bloc. “We are very pleased with …
March 12, 2019
Yvonne Steiner has been named head of Property for Zurich Canada. Steiner will be a member of the Zurich Canada executive team and will report to Zurich Canada CEO Saad Mered. Her first day at Zurich will be April 15. …
March 12, 2019
The European Union’s aviation safety regulator on Tuesday suspended all flights in the bloc byBoeing 737 MAX planes in the biggest setback yet for the U.S. planemaker following a crash in Ethiopia that killed 157 people. The move came after …
March 12, 2019
Theresa May struck a deal to revise the terms of the U.K.’s divorce from the European Union but it’s unclear whether she’s done enough to win Parliament’s support in a crucial vote on Tuesday. After a chaotic day of changing …