Insurity Appoints Campestre as Chief Sales Officer Insurity, a provider of cloud-based software for insurance carriers, brokers and managing general agencies, appointed Craig Campestre as chief sales officer. Campestre will lead Insurity’s sales strategy and operations, which includes driving revenue …
New York Attorney General Letitia James announced an agreement with McKesson Corporation, Cardinal Health Inc. and Amerisource Bergen Drug Corporation that will deliver up to $1.1 billion to New York state to combat the ongoing opioid epidemic. The $1.1 billion …
Connecticut regulators finalized millions of dollars in fines against the state’s two largest electricity distributors for what officials called the companies’ failures in their preparations and responses to Tropical Storm Isaias, which caused hundreds of thousands of power outages last …
U.S. property and casualty insurer Travelers Cos .Inc. delivered an unusually large beat of second-quarter profit expectations on Tuesday, helped by higher premiums, lower catastrophe losses and a surge in returns from investments. The New York-based company, seen as a …
This edition of International People Moves covers appointments at a new reinsurance broker, Ardonagh’s Inver Re; The Hartford’s Global Specialty business unit, and the aviation reinsurance division of MS Amlin Underwriting. A summary of these new hires follows here. The …
Surplus lines premium exceeded $24 billion and premium bearing transactions exceeded 2.6 million through the first six months of 2021, according to the 2021 Midyear Report of the U.S. Surplus Lines Service and Stamping Offices by the Wholesale & Specialty …
Hacking Expert Bixby Joins Aon Cyber Solutions Aon has appointed Adam Bixby as the new managing director, Proactive Security leader, for Cyber Solutions North America. Bixby is responsible for the Proactive Security practices, advisory and testing, leading business development, service …
The recent severe floods in Germany could add up to 5 percentage points to German non-life insurers’ net combined ratios (net claims and expenses to net premiums), according to Fitch Ratings. The insured losses are likely to be Germany’s highest …
HONG KONG – U.S. businesses operating in Hong Kong should reassess their operations and decide if the risks of operating there are worth the reward, the president of the American Chamber of Commerce in Hong Kong said in an interview …
RIO DE JANEIRO – A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage caused by a burst tailings dam in 2015 could reach 100 billion reais ($19.06 billion), the governor of the Brazilian …
