Berkshire Hills Bancorp Inc. and Brown & Brown Inc. announced the execution of a definitive agreement for the sale of the assets and operations of Berkshire Insurance Group, Inc. (BIG), a subsidiary of Berkshire Hills, to Brown & Brown of …
Residents across the waterlogged Northeast began clearing mud and tearing out sodden carpets Monday after deluges dropped by Tropical Storm Henri, whose remnants threatened further flooding in New England as the system made a slow trek back to the sea. …
This edition of International/Reinsurance People Moves details appointments at three brokers: Howden, BMS Re and Aon with roles in the Netherlands and the U.S. A summary of these new hires follows here. Howden Appoints Willis’ Everling as CEO Netherlands, Corporate …
The nation’s new chief accident investigator wants to send a message: growing public confusion over automated driving systems in the U.S. is threatening to undermine the potential safety benefits of the technology. Jennifer Homendy took the reins as chairwoman of …
LONDON – Insurers in Britain that are not ready to implement tougher “value for money” rules on car and home policies could face disciplinary action, the Financial Conduct Authority said on Wednesday. The FCA found in May that loyal customers …
ELEMENT, the Berlin-based insurtech, announced a partnership with managing general agent, Parametrix Insurance, launching parametric cloud outage insurance for companies in Germany. The product is designed to cover financial losses due to downtime of third-party IT and cloud infrastructure providers. …
Climate change is making China’s annual summer floods worse, and cities housing millions of people aren’t prepared to handle the damage. Record-breaking rainfall in the central province of Henan killed more than 300 people last month, while downpours continue to …
A Mississippi city will require many businesses and shopping centers to install video cameras to help law enforcement officers identify people who commit crimes. The Vicksburg Board of Mayor and Aldermen last week approved an ordinance mandating the cameras at …
Chubb Chubb announced leadership appointments within its North America Property business unit and in its wholesale excess and surplus lines division, Westchester. Matt Booker has been appointed Executive Vice President, Westchester Property and Inland Marine, where he will have responsibility …
Britain’s accounting watchdog said on Wednesday it has fined Ernst & Young LLP 3.5 million pounds ($4.80 million) over the audit of transport firm Stagecoach Group’s financial statements in 2017. The Financial Reporting Council (FRC) said Mark Harvey, the auditing …
