The National Weather Service confirmed a tornado touched down north of Portland in St. Helens, Ore. The weather service confirmed the tornado at about 2 p.m. Tuesday. It touched down around 12:20 p.m., KPTV reported. Damage to the roof of …
The Los Angeles Times and Tribune Publishing have agreed to pay $3 million to settle a lawsuit that said minority journalists and women were paid less than white reporters. Nearly 240 current and former reporters and editors will benefit from …
James Reiss has been appointed as president of International Bond & Marine Brokerage Ltd. (IB&M), a brokerage providing risk management solutions to the international trade industry. The brokerage was recently acquired by Intact Insurance Specialty Solutions, a brand of Intact …
World Insurance Associates LLC (WIA) has acquired Brian S. O’Neill & Associates Inc., d/b/a Collier O’Neill & Associates., of Trenton, N.J., on November 1, 2020. Terms of the transaction were not disclosed. Collier O’Neill is a full-service insurance agency serving …
Zurich Insurance Group saw increased commercial lines insurance sales and a modest impact from COVID-19 related claims for the first nine months of the year, according to its third quarter report. Growth was supported by higher premium rates, which continued …
QBE North America has appointed Dan Fortin as president and Todd Greeley as chief operating officer for Financial Lines. Both executives joined QBE NA from Berkshire Hathaway Specialty Insurance. With the hires, QBE NA said it aims to expand it …
HUB International Limited (Hub), a leading global insurance brokerage, has acquired the assets of Leading Edge Benefit Advisors, LLC, Raimey, Corp., Leading Edge Human Resource Services, LLC, Leading Edge Companies, LLC, Leading Edge Financial Group, LLC, Leading Edge Retirement Plan …
Financial risks related to the coronavirus pandemic will last for months if not years, Switzerland’s financial market supervisor FINMA said on Wednesday, pointing to particularly heightened risk of defaults on corporate loans. “Thanks to the cushion of liquidity and capital …
The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the latest obstacle in the path of the 9.5 billion-euro ($11.2 billion) Russia-to-Germany link that’s been halted almost a year. House and Senate negotiators …
While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd’s market who were in the process of increasing property insurance rates when the pandemic hit, the timing may be auspicious. Had the outbreak struck …
