February 12, 2020
N26 GmbH, the German mobile bank backed by billionaires Peter Thiel and Li Ka-Shing, said it will end UK operations citing the country’s departure from the European Union. The Berlin-based digital bank will close UK accounts on April 15, N26 …
February 12, 2020
Fidelis Insurance Holdings Ltd. announced it has raised approximately $300 million of equity capital from a combination of its existing shareholders and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), in order to support further growth. Fidelis, …
February 12, 2020
H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the expansion of Node International’s North American presence with the addition of Matthew Lefchik, who joins Node as director, Cyber Risk Management Services. In the new …
February 12, 2020
Two Florida women who were victims of sex trafficking have sued almost two dozen hotels where they were forced to have sex, claiming the businesses did nothing to stop the illegal activity. At the hotels around the affluent Naples area, …
February 12, 2020
Storms stretching across the Deep South dumped heavy rains on Mississippi and Alabama on Monday, causing flash floods that covered roads and forced some schools to close. Dozens of roads were under water in low-lying areas across the Tennessee Valley …
February 12, 2020
EPIC Insurance Brokers and Consultants has named Wesley Carson a senior vice president in employee benefits in its Sacramento, Calif., office. Carson will be responsible for employee benefits consulting and the design, placement, and management of custom programs. He will …
February 12, 2020
Alliant Insurance Services Inc. has named Marianne Chow vice president in the San Jose, Calif., office. Chow will service regional clients. Chow was previously a senior vice president with NFP. She was a vice president at Thoits Insurance before that. …
February 12, 2020
CNC Catastrophe & National Claims, based in Mobile, Ala., has added Seneth Baker as brand manager. Baker comes to CNC with a background in advertising, graphic design and brand management. During her career, she has been responsible for developing and …
February 12, 2020
The Hilb Group, LLC (THG) has acquired Florida-based Regency Insurance Group, LLC (RIG). The transaction became effective Feb. 1, 2020. Based in Bonita Springs, Fla., RIG is a property & casualty agency that specializes in personal lines coverage. RIG is …
February 11, 2020
Pen Underwriting has announced the appointment of Tom Downey to the role of chief executive officer, subject to regulatory approval. He takes over the leadership of the £500 million (USS$646 million) GWP underwriting business from current CEO Jonathan Turner, who …