Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were not disclosed. Effectus Consulting is a data-driven employee and leadership development firm offering HR and talent development strategies, talent diagnostics, …
AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based in Brindisi, Italy. AEC Group will assume 100% ownership of Gava, bringing the Italian Lloyd’s coverholder into its existing network …
The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best special report. …
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team. The three lead undewriters are Ashley Sales, Southeast Regional underwriting …
Newfront Insurance in San Francisco, Calif., has named Dana Tennis a principal and employee benefits producer. Tennis was previously with Marsh & McLennan Agency as a client sales executive. She was a business performance advisor with Insperity before that. Newfront …
Delaware’s incumbent insurance commissioner Trinidad Navarro has been elected to a second term, beating out opponent Dr. Julia Pillsbury with roughly 60% of the votes, according to New York Times data. Pillsbury was the candidate for the Republican party in …
The Allstate Corp. reported a 26.7% increase in its third quarter net income, primarily due to higher auto insurance underwriting income and net realized capital gains. Allstate’s third quarter net income able to common shareholders was $1.13 billion, or $3.58 …
Authorities on Wednesday were investigating after a man died in a central Pennsylvania coal mine. Daniel Shoener, 37, of Donaldson, was struck by a rock about 1,000 feet below the surface in Williamstown Mine on Tuesday afternoon, police said. Fellow …
Two firefighters and a resident were injured when three Long Island houses were set ablaze by a gas explosion early Sunday morning, fire officials said. The explosion shortly after 5:30 a.m. destroyed three homes in Meadowmere Park in Nassau County, …
A worker in Connecticut suffered serious injuries Monday when he fell about 50 feet from a tree and landed on a small shed, police said. The man was up in the tree in Mystic preparing it for removal when it …
