San Diego, Calif.-based Cavignac & Associates has promoted Kelly Potter and Preston Cavignac to principals in firm. They join Jeff Cavignac, Jim Schabarum, Scott Bedingfield, Patrick Casinelli, Matthew Slakoff and Matthew Noonan in part ownership of Cavignac & Associates. Potter …
Tokio Marine Holdings Inc. announced it will pay 1.52 billion reais (US$374 million) to form a joint venture to sell mortgage and homeowners insurance for Caixa Econômica Federal, the Brazilian state-owned bank. Caixa’s insurance holding subsidiary, Caixa Seguridade, will set …
Britain’s financial industry paid a record near-$100 billion in taxes in the year to March, reaffirming its central role in funding the state at a time when its future prospects have been clouded by Brexit. The 75.5 billion pounds ($99.2 …
Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Hilary Browne to the dual role of country manager for Ireland and head of Casualty for U.K. and Europe. Browne comes to BHSI with nearly 20 years of European market experience. …
Farmers Insurance has expanded its relationship with Uber by providing commercial automobile insurance to its ridesharing drivers in 12 additional states and the District of Columbia. In addition to the District of Columbia, Farmers will insure Uber drivers in Delaware, …
The deadline for residents and businesses to file a claim for a portion of the $143 million legal settlement related to the September 2018 natural gas explosions in Massachusetts has been extended to the end of the month by a …
Brazilian state lender Caixa Economica Federal has chosen the bank syndicate that will manage the initial public offering (IPO) of its insurance unit, three sources with knowledge of the matter said. Morgan Stanley will lead a 10-bank syndicate including the …
Appalachian Underwriters Inc. (AUI) has welcomed back Derek Roberts as its New England regional manager. Working locally out of AUI’s new Maine office, he will be placing accounts in Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. Previously the …
InsurTechNY, an InsurTech community in the New York metro area spanning carriers, brokers, startups and investors, has opened the application window for the 2020 InsurTech Startup Competition. The competition has two tracks and will award $300,000 in prizes to the …
Manulife Financial Corp. Chief Executive Officer Roy Gori apologized to employees for a spoof rap video that was part of the executive team’s year-end message. The internal video, the third in an annual series featuring different music genres, was retracted …
