A no-deal Brexit would cause disruption and might also have an impact on liquidity in financial markets, the European Union commissioner in charge of financial services said on Tuesday in a stark reminder of the risks posed by a hard …
Everest Insurance has hired Jennifer King to its Life Sciences team based in the company’s Boston, Mass., office. In this role, King will have underwriting responsibility for the recently-launched Life Sciences multiline package product. She has nearly a decade of …
Pennsylvania Insurance Commissioner Jessica Altman has approved a loss-cost filing, including a 12.95% reduction in loss-costs – a component in determining workers’ comp insurance rates paid by businesses. This reduction is expected to lead to lower premiums for many Pennsylvania …
Hub International Northeast Limited, a subsidiary of the global insurance brokerage, risk advisory and employee benefits firm, Hub International Limited, has re-hired James Hutchinson as executive vice president of Commercial Lines. In this role, Hutchinson will report directly to Paul …
The Black Hawk military helicopter flew over Iowa, giving a senior U.S. agriculture official and U.S. senator an eyeful of the flood damage below, where yellow corn from ruptured metal silos spilled out into the muddy water. And there’s nothing …
Program specialist NSM Insurance Group has acquired Embrace Pet Insurance, a Cleveland-based national provider of pet health insurance for dogs and cats. No terms of the transaction were disclosed. Embrace offers an accident and illness insurance plan that is underwritten …
Beazley has added two new product lines to broker e-trading platform myBeazley to meet the needs of UK-domiciled private businesses with a turnover of up to £350 million (US$457.8 million). UK brokers can now access Beazley’s comprehensive service-led cyber product, …
Denmark’s financial watchdog is warning that smaller banks need to be on high alert for signs of money laundering as larger lenders tighten their surveillance systems. Jesper Berg, director general of the Financial Supervisory Authority in Copenhagen, said Denmark is …
Price Forbes, a London-based broker, has appointed Emma Hewett as leader of its Sharing Economy practice. Price Forbes said its Sharing Economy practice was one of the first established broking teams to specialize in designing insurance programs for emerging and …
The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said Tuesday. PricewaterhouseCoopers, Deloitte, EY and KPMG — which between them control more than 90 percent …
