QBE released its 2019 full year results on Feb. 17, 2020, which included an outlook statement that included combined operating ratio and net investment return targets for the 12 months ended Dec. 31, 2020. However, QBE has decided to withdraw …
Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economic effects of the coronavirus pandemic took hold in March, compounding a slow start to the year for dealmakers. Deal …
A federal judge ruled she will not halt removal of a capsized cargo ship along the Georgia coast while a salvage company that lost the job to a competitor sues the U.S. Coast Guard. The decision by U.S. District Court …
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Michael P. Carroll as senior vice president and deputy head of Life Sciences for Sompo Global Risk Solutions (GRS), reporting to Lisa Davis. …
Mississippi Gov. Tate Reeves is allowing many businesses to remain open amid the coronavirus pandemic, but he repeated Friday that some should voluntarily change the way they operate. The Republican added a new twist by implying a threat from trial …
Zoom Video Communications, which has seen its stock zoom by 115% since January, is being sued by a Sacramento user who claims the service unlawfully discloses users’ personal information. The video service has enjoyed a surge in downloads of its …
CAC Specialty has named Robert Trinkleback leader of property/casualty loss control, and Jonathan Goodier vice president and property/casualty claims advocate in Denver, Colo. Trinkleback will help clients improve workplace safety while increasing productivity and reducing costs related to property, workers’ …
Insurance agency personnel on average made a little more money in 2019 but they were not as happy as they were in 2018. Nearly all personnel — owners, producers and support staff — enjoyed a slight uptick in average pay. …
The battle between French activist investment fund CIAM and SCOR, which has been waging for more than a year, heated up again recently with yet another push by CIAM to separate the chairman and CEO roles, both held by Denis …
Employees at a South Carolina nuclear plant failed to check for fires when making rounds and then falsified log books, federal officials said. The violations of policy happened in 2017 at Duke Energy’s Robinson Nuclear Plant near Hartsville, The Nuclear …
