The owners of the dive boat where 34 people perished in a fire off Southern California filed a lawsuit Thursday to head off potentially costly litigation, a move condemned by some observers as disrespectful to the families of the dead. …
Monterey, Calif.-based Capital Insurance Group has named Rob Zic controller. Zic will lead the CIG accounting team and focus on reporting accuracy, enhanced controls, improved documentation and automation efficiencies. He has more than two decades of experience in the controller …
Transatlantic Underwriters has named Colby Waltenburg president. Waltenburg was previously a vice president. He joined TAU in June and expanded the presence of the company by opening the first West Coast branch, located in Stockton, Calif. Waltenburg was a senior …
Prudential Financial Inc. is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups. Shares …
Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report published on Friday. The analysis found …
Starr Insurance Cos. has named Dr. Haoming Zhou as general manager and president of Starr China Property and Casualty Insurance Ltd. Zhou has more than 20 years of insurance industry experience. Prior to joining Starr, he worked in Singapore, Sydney, …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Arbre Group Holding – doing business as Holli-Pac Inc. – for willful and serious violations of workplace safety and health standards at its Holley, N.Y., facility. The …
Burns & Wilcox Brokerage, a distinct business unit of H.W. Kaufman Group solely dedicated to wholesale insurance brokerage, has hired Anthony Greene to its leadership team. Greene joins the Burns & Wilcox Brokerage team as vice president and broker and …
National wholesale insurance broker Worldwide Facilities said it has closed on the previously announced investment by Genstar Capital, a San Francisco based private equity firm. As part of the transaction, Lovell Minnick Partners is divesting its investment in Worldwide Facilities …
Lockton Affinity LLC has agreed to pay a $1 million fine as part of a consent order with The New Jersey Department of Banking and Insurance for administering a National Rifle Association-sponsored insurance program in violation of state insurance laws. …
