Canadian insurer The Co-operators has purchased the Saint Jérôme, Quebec-headquartered broker, Cadieux Beausejour Dupras Inc. Financial details of the deal were not disclosed. The brokerage’s portfolio includes personal and commercial insurance policies. Any existing insurance coverage will remain in effect …
Sirius Group announced enhancements to unify its global operating structure, which includes the promotions of key leaders to head its business segments. These leaders are responsible for supporting long-term business objectives, coordinating global client relationships and exposures and driving key …
A federal lawsuit over an arson fire that killed three firefighters can proceed against the city of Wilmington and its former mayor and fire chief. The Delaware News Journal reports Judge Mary Pat Thynge dismissed some claims, but recommended that …
H.W. Kaufman Group, a global network of companies, has expanded its subsidiary RB Jones as it partners with ProSight Specialty Insurance to become the exclusive administrator for its Marine Solutions and Excess Energy niches. With this partnership, RB Jones Marine …
Satellite Agency Network Group Inc. (SAN), an alliance of independent insurance agencies in the Northeastern U.S., has hired Stephanie Lynch as agency development field specialist. In this role, Lynch will be directly responsible for agency development and consulting services of …
Saxe Doernberger & Vita, P.C. (SDV) has hired Associate Janie Reilly Eddy to its SDV Northeast office. Eddy has a background in litigation, handling matters from inception through resolution and advising and guiding clients through viable litigation options. Her experience …
A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric Co. that accused the company of concealing $24 billion in insurance liabilities and using fraudulent accounting to prop up its power business. Judge Jesse …
Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. So Gendelman, who runs an insurance brokerage, tapped into a program that …
For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a more devastating quake that happened 72 years earlier could bring $225 billion in industry losses. And a more typical level …
There’s a new surprise member of the world’s safest cities club. Washington, D.C. has entered the top 10 in the Safe Cities index for the first time, while Hong Kong is a noticeable no-show after plummeting down the rankings. Tokyo …
