February 23, 2021
Lloyd’s has made notable progress in its push to become more inclusive, according to its 2020 culture survey, but it still has plenty of room for improvement—especially when it comes to the experiences of Black and minority ethnic talent. The …
February 23, 2021
Authorities said nine people were injured, two seriously, after an explosion Thursday at a three-story New York City residence that blew out windows and sent a door flying into power lines. The report of an explosion on Paulding Avenue in …
February 23, 2021
Facebook Inc. internal emails made public in court reveal an employee’s concerns the company misrepresented advertisers’ estimated audience, calling the practice “deeply wrong.” But senior executives didn’t want to fix the problem because the impact on revenue would have been …
February 23, 2021
A 17-year-old boy sought in connection with a bowling alley shooting near Philadelphia that left one person dead and four others injured has turned himself in, authorities said Monday. The teen faces numerous counts, including murder, attempted murder and aggravated …
February 23, 2021
Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Badge Agency Inc. Founded in 1968, Woodbury, New York-based Badge Agency is a full-service, multi-line …
February 23, 2021
MAPFRE Insurance has hired Gary Sjolin as vice president of Business Development. Sjolin, a 30-year industry veteran, will build and lead business development strategies in Massachusetts to reinforce and expand the company’s market position. Prior to joining MAPFRE, Sjolin held …
February 23, 2021
A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid the fear of sanctions by the U.S. government. The U.S. has been threatening sanctions against European companies that support construction …
February 23, 2021
Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding to a growing list of Lloyd’s insurers who have made similar pledges. Carmichael has provoked controversy in Australia with its …
February 23, 2021
Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Mathias Neumann as head of Casualty in Germany. Mathias has more than 20 years of experience in the insurance industry in Germany. He spent the last 14 years at MSIG Insurance …
February 23, 2021
Aviva Plc agreed to sell its French business for 3.2 billion euros ($3.9 billion), the largest deal so far in Chief Executive Officer Amanda Blanc’s push to streamline the UK insurer. The unit was sold to French mutual insurer Aema …