A Massachusetts police department whose officers are accused of wrongfully arresting a Black man while pursuing a white suspect said Friday that an outside investigation found no evidence of racial profiling. The town manager for Arlington, a Boston suburb, and …
The developer of a major pipeline system that connects the Marcellus Shale gas field in western Pennsylvania to an export terminal near Philadelphia pleaded no contest Friday to criminal charges that it systematically polluted waterways and residential water wells across …
Munich Re’s profit slumped as the reinsurer took a hit of almost $1 billion to its investment portfolio in a volatile quarter for financial markets. The Munich-based company wrote down the value of its holdings by 908 million euros ($926 …
CNA Hardy, the specialist commercial insurer that writes business within the Lloyd’s and company markets, announced increased flexibility in the attachment points available from its online excess-of-loss platform. By increasing the maximum attachment point capability from £25 million to £150 …
Supporters of a recreational marijuana initiative have asked the Arkansas Supreme Court to order election officials to put their measure on the November ballot. Responsible Growth Arkansas asked the court last week to reverse the State Board of Election Commissioners’ …
A new federal study said dozens of people got sick after visiting a splash park near Wichita, Kansas, last summer. The study by the federal Centers for Disease Control and Prevention said that 21 people contracted Shigella bacteria and six …
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and Hannover Re. A summary of these new hires follows here. BHSI Enters Commercial Hull in Australasia, Hiring Hesson From QBE Berkshire Hathaway Specialty Insurance (BHSI) announced …
Argenta Underwriting Asia Pte Ltd (AUA) announced that it will cease writing new and renewal business in Singapore with immediate effect. This decision follows a strategic review of the business written through the Singapore coverholder by Lloyd’s managing agency, Argenta …
Insurer American International Group Inc. beat market estimates for quarterly profit on Monday as a jump in underwriting income cushioned the blow from lower investment returns. Net premiums written in the company’s general insurance business rose 5% on a constant …
Brazilian insurer BB Seguridade Participacoes SA on Monday increased its full-year outlook, citing higher-than-expected growth in written premiums as it posted an 86.6% rise in net profit in the second quarter. Shares in the company, controlled by state-run lender Banco …
