Erie Insurance, based in Erie, Penn., will provide $200 million in dividends directly to personal and commercial auto insurance customers in the 12 states and the District of Columbia where the company does business. This relief represents about 30% of …
Invest, an insurance industry classroom-to-career education program, has named Diane Delaney, assistant vice president and sales and marketing director for AIG Private Client Group, as its newest board member. Delaney is based in New Jersey and is responsible for overseeing …
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that its global agriculture platform, AgriSompo, has entered into a partnership with Portuguese managing general agent ATLAS Segurmina, to offer innovative crop insurance solutions …
In view of the ongoing COVID-19 crisis and the associated uncertainties surrounding both the claims development and the capital market environment, Hannover Re and its parent company, Talanx, have withdrawn their profit guidance for 2020. “It is still too soon …
Insurance and reinsurance broker Aon has received accreditation from Lloyd’s for its reinsurer trading portal, ABConnect Placements. Following the recent deployment of Aon’s binding function, the Lloyd’s Franchise Board provided “conditional recognition” of Aon’s ABConnect Placements platform so valid contracts …
The CCTV footage from a Dutch business park shows a man in a black cap pouring the contents of a white container at the base of a cellular radio tower. Flames burst out as the man jogs back to his …
Global broking business Brokerslink has announced the addition of African broker Gramon to its international network. Based in Brazzaville, Congo, the broker strengthens Brokerslink’s presence in the Africa region, an area of strategic significance to the organization. Established in 2012, …
Georgia’s governor announced plans Monday to restart the state’s economy before the end of the week, saying many businesses that closed to mitigate the spread of the coronavirus could reopen as early as Friday. The governor in neighboring Tennessee planned …
A dive shop in South Florida is one of the first businesses in the state to file suit against its insurer for the denial of a business interruption claim initiated because of the current coronavirus pandemic. The lawsuit, Mace Marine …
Mutual Insurance Company of Arizona has declared a special dividend designed to provide economic relief to its members. The company will distribute a $12 million dividend to all members with policies in-force as of April 30. The dividend will be …
