Bruce Kelley, CEO, president and treasurer, has informed the Employers Mutual Casualty Co. (EMC) board of directors that he is retiring in March, 2020 after 35 years with the insurer Scott Jean, currently executive vice president for Finance and Strategy, …
The votes have been tallied and the results are in for the 2019 Best Independent Insurance Agency to Work For survey by Insurance Journal. The winners have been chosen by employees. Employees of the Best Agencies to Work For in …
About one-fifth of the California Public Employees’ Retirement System public markets portfolio is exposed to potential losses from climate change, the $381 billion pension fund manager reported this week in its first ever climate-risk disclosure report. The report, mandated by …
Reinsurance broker BMS Group announced a series of management changes within its U.S. reinsurance team as the intermediary continues its expansion. This follows the completion in October of a large-scale investment into BMS by British Columbia Investment Management Corp. and …
Workers’ compensation claims have emerged as another yardstick for measuring the devastation of the mass shooting in Virginia Beach. The Virginian-Pilot reported Sunday that 450 city employees have filed for workers’ compensation benefits. The vast majority of the claims are …
Tourists caught in the deadly blast at New Zealand’s White Island were there despite a recent increase in volcanic activity, although experts said precise predictions on eruptions were all but impossible. Five people were killed, eight are still missing and …
Federal Aviation Administration (FAA) chief Steve Dickson confirmed Wednesday the agency will not allow Boeing Co.’s grounded 737 MAX, involved in two fatal crashes in five months, to resume flying before the end of 2019. Dickson told CNBC in an …
German insurance technology firm Wefox said on Wednesday it had attracted an additional $110 million of investment in its second funding round, bringing the total amount of money raised this year to invest in its expansion to $235 million. The …
China’s finance ministry said on Wednesday it will make it harder for ownership changes to be made to financial institutions that could lead to the government relinquishing control, in a bid to prevent the loss of state assets. Effective Dec. …
Insurance law firm Clyde & Co has appointed two independent board members to its management board – the first such positions at the firm. Former Lloyd’s of London CEO Dame Inga Beale and former Grant Thornton US CEO Stephen Chipman …
