Monthly Archives: <span>December 2020</span>

Argo Group Agrees to Sell Its Italian Business

Argo Group International Holdings Ltd., a Bermuda-based underwriter of specialty insurance products, announced an agreement to sell its Italian operations, ArgoGlobal Assicurazioni S.p.A (AGA) to Perfuturo Capital AG, a Swiss holding company. Perfuturo is fully owned by Philantra Holding AG …

Insurance Journal’s Top 10 Most Read Stories of 2020: International

The top international news story of 2020 was the announcement in March of Aon’s proposed merger with Willis Towers Watson. The subject was of such interest to international readers that four of the 15 most-read articles involved the Aon-WTW merger. …

Insurance Journal’s Top 10 Most Read Stories of 2020: Southeast Region

Here’s a look back at Insurance Journal’s most read stories of 2020 for the Southeast region, based on readership metrics: 1.) Florida Supreme Court Suspends Attorney Behind Thousands of Insurer Lawsuits Florida attorney Scot Strems was suspended by the Florida …

China Pushes for Restructuring of Ant Group in Latest Blow to Founder Ma

BEIJING – China’s central bank disclosed on Sunday it had asked the country’s payments giant Ant Group Co Ltd. to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack …

What Will Brexit Trade Deal Mean for City of London?

LONDON – Britain, which left the European Union in January, loses full access to the bloc under transition arrangements that end at 2300 GMT on Dec. 31. The 27-nation EU is Britain’s biggest financial services customer, worth about 30 billion …

Insurance Journal’s Top 10 Most Read Stories of 2020: Midwest Region

Motorcycle helmets, protest damage and COVID-19 pandemic-related lawsuits dominated the headlines in Insurance Journal’s Midwest region in 2020. Here’s a look back at some of most read stories for the Midwest region, based on readership metrics: Governor Signs Missouri Bill …

Wisconsin Appeals Court Upholds $5.5M Award in Fatal Bike Crash

A Wisconsin appeals court has upheld a $5.5 million judgment against a driver who killed a 23-year-old bicyclist in Madison. Brian Hodgson was driving on the city’s west side in June 2015 when he crashed into Emilly Zhu as she …

Flint, Michigan, Joins $641M Deal to Settle Suits over Lead-Tainted Water

The Flint, Michigan, City Council has signed off on its portion of a $641 million settlement with residents of the poor, majority-Black city who were exposed to lead-tainted water. The city’s insurer would kick in $20 million as part of …

Core Specialty Adds Tokio Marine’s Jacobs to E&O, Professional Liability Team

Cincinnati-based Core Specialty Insurance Holdings reported that Jeff Jacobs has joined as senior vice president, head of Errors and Omissions Professional Liability. Jacobs has 30 years of insurance sector experience leading professional liability, management liability and other commercial property and …

Insurance Journal’s Top 10 Most Read Stories of 2020: South Central Region

The weather, as usual, made for many headlines in Insurance Journal’s South Central region in 2020. COVID-19 related lawsuits and transactions involving nonstandard auto business also made news. Here’s a look back at some of the most read stories for …