December 11, 2020
An enterprise insurance fraud scheme operating in lower Westchester and the Bronx has been taken down following a nearly two-year long investigation. Westchester County District Attorney Anthony A. Scarpino Jr. announced the takedown of Operation Sledgehammer, in which five registered …
December 11, 2020
Nationwide wholesale insurance broker CRC Group reported that Garrett Koehn and Brent Tredway will be appointed co-presidents of the company’s Brokerage Division effective January 1, 2021. The company said Koehn and Tredway will assume national leadership roles but divide primary …
December 11, 2020
DOXA Insurance Holdings, an acquirer of specialty niche-focused insurance distribution companies, has established a strategic relationship with Century Equity Partners, a Boston-based private equity firm, in order to support DOXA’s plans for continued growth. The investment sets the stage for …
December 11, 2020
MAPFRE Insurance has hired Keith Jensen as senior vice president of Business Development for the company’s Northeast Region. Jensen, who has more than 30 years of experience in the property and casualty insurance industry, will lead business development strategies for …
December 11, 2020
U.S. workers could soon face choices such as free COVID-19 shots and a cash bonus if all get immunized, or those unwilling to be vaccinated get reassigned or even lose their jobs. Those options are being studied by businesses hoping …
December 11, 2020
UK startup battleface Inc., a company that specializes in tech-enabled global travel insurance, announced a $12-million Series A financing round from Drive Capital, a Columbus, Ohio-based venture capital firm. The investment will be used to fund growth and market expansion …
December 11, 2020
The U.S. Food and Drug Administration said on Friday it was working rapidly to issue an emergency use authorization for Pfizer Inc’s COVID-19 vaccine, with the first Americans set to be immunized as early as Monday or Tuesday. U.S. Department …
December 11, 2020
Greg Hendrick, the CEO and co-founder of the new reinsurance and insurance company Vantage Risk isn’t too concerned about the new capital that has been pouring into the market this year, and its potential to drive down rates – at …
December 11, 2020
BRUSSELS – The head of the European Union drug regulator said on Thursday the agency’s work assessing COVID-19 vaccines had not been disrupted by a cyber attack that took place in the past two weeks. U.S. drugmaker Pfizer and its …
December 11, 2020
Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers said on Friday, after the COVID-19 pandemic made motor and home insurers more profitable. Motor and home insurers have had …