Lemonade is making good on its promise to expand into Europe, with news that it is now open for business in Germany. The New York-based startup said it has started offering contents and liability insurance in Germany, instantly, anytime and …
British insurer Legal & General has teamed up with Amazon to establish what it said is the first blockchain system for corporate pension deals. The insurer said it would use a managed blockchain system launched by Amazon Web Services (AWS) …
BMS Group, the London-based independent specialist re/insurance broker, has partnered with BitSight, a cyber security ratings company, to provide cyber risk analysis services to BMS clients across all lines of business. More than 1,500 organizations are using BitSight Security Ratings …
Aon Securities, the insurance-linked securities unit of Aon, announced it has hired Michael Popkin and Rick Miller, the former co-heads of JLT Capital Markets. Miller and Popkin start their new roles with immediate effect, reporting to Paul Schultz, chief executive …
Berkshire Hathaway Specialty Insurance (BHSI) announced it has received its insurance license in France, established a new office in Paris, and appointed François-Xavier d’Huart as country manager. Beginning immediately, BHSI is underwriting property, casualty, and executive & professional lines in …
OneBeacon Financial Institutions, a member of OneBeacon Insurance Group, has hired James Hamilton as vice president overseeing regional operations and contributing to the management of the company’s public bank and insurance company portfolio. Hamilton reports to Kevin Koehler, president of …
A small plane crashed on New York’s Long Island on Saturday, killing the man and woman on board, authorities said. The Federal Aviation Authority said in a statement that the single-engine Beechcraft A36 plane crashed in Southold at around 9:15 …
Commercial insurance prices in the U.S. increased in the first quarter about 2%, according to insurance broker and advisor Willis Towers Watson. The company’s Commercial Lines Insurance Pricing Survey (CLIPS) survey compared carriers’ prices charged on policies underwritten during the …
A subway car has derailed in Boston, sending nine people to the hospital. Local emergency officials said none of the injuries are life-threatening. Officials with the Massachusetts Bay Transportation Authority said the accident occurred at about 11 a.m. Saturday when …
Federal prosecutors say a bookkeeper for a northern New Jersey company stole $1.7 million from the firm by writing herself fraudulent company checks. Tammy Martinez was arrested Thursday and charged with bank fraud. She was due to make her initial …
