August 2, 2022
Aston Lark Ireland, the insurance broker that recently became part of Howden Broking Group, announced the acquisition of Sparrow Insurances Ltd. Financial details of the transaction were not disclosed. Sparrow Insurances has a history of success and growth across Leinster …
August 2, 2022
The Jensten Group, the London-based independent insurance broking group, has completed the acquisition of Origin UW Ltd., following regulatory approval. Origin UW is a boutique managing general agent that provides commercial insurance solutions for SME businesses and professionals. Origin specializes …
August 2, 2022
England had the driest July since 1935 amid a searing heat wave that pushed infrastructure to the brink and severely disrupted travel. The unusually dry weather came as temperatures rose above 40 degrees Celsius (104 Fahrenheit) for the first time. …
August 2, 2022
British motor insurer Direct Line is raising premiums after higher claims hit its first-half profits, as the company feels the effects of soaring prices for everything from used cars to spare parts. Chief Executive Penny James said on Tuesday the …
August 2, 2022
Italy’s top insurer Assicurazioni Generali said on Tuesday it would increase prices to keep up with rising costs, and maintained its financial targets after a strong life business helped it beat first-half earnings expectations. Generali, which on Wednesday will kick …
August 2, 2022
Families of Sandy Hook school shooting victims have quickly raised the alarm over the latest legal maneuver from far-right radio show Infowars and its proprietor, Alex Jones. The ultimate parent of Infowars, Free Speech Systems LLC, filed for Chapter 11 …
August 2, 2022
Second quarter earnings at The Hartford fell to $437 million – about 51% less than the same period a year ago. Hartford said it booked a $485 million before-tax change from net realized gains to net realized losses during Q2. …
August 2, 2022
Just two weeks after the Demotech financial rating firm set off a firestorm of controversy by warning that it could soon downgrade as many as 17 Florida property insurers – then promised to hold off – the firm has now …
August 2, 2022
A Pennsylvania-based convenience store chain will pay $8 million to several states over a 2019 data breach that involved some 34 million payment cards, authorities announced Tuesday. The Pennsylvania attorney general’s office said Wawa Inc. did not take reasonable security …
August 2, 2022
The chief executive officer and president of a Taunton, Massachusetts insurance agency has pleaded guilty in connection with an embezzlement scheme that left client companies uninsured, according to state officials. Attorney General Maura Healey announced that David G. Pietro and …