Sompo International Holdings Ltd. announced that the company has expanded its capabilities in Mexico with the addition of a new Sompo International Global Risk Solutions (GRS) team that will focus on serving clients in select industry verticals. Sompo Seguros Mexico, …
The Washington insurance commissioner has fined a company $100,000 and barred it from selling insurance policies in the state after promising gun owners insured criminal activity. The Seattle Times reported that United States Concealed Carry Association, Inc. advertised the insurance …
Montana hospital officials have confirmed a data breach may have compromised the personal information of about 130,000 medical clinic patients. The Daily Inter Lake reported that Kalispell Regional Healthcare employees were unaware of the May cyberattack until an outside forensic …
As wildfires rage and utilities race to restore power, the worst may be yet to come for California residents. PG&E Corp. has restored power to about 165,000 customers in portions of 18 counties, or about 93% of those affected, the …
Federal officials have fined a Pennsylvania company for violations found after a worker was killed when she fell into a meat grinder earlier this year. The Occupational Health and Safety Administration issued $49,062 in civil penalties against the Economy Storage …
AXA announced it has entered into an agreement to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan’s loan insurance business. In addition, AXA and Crelan have also agreed to a long-term P/C and …
EverQuote Inc., a Cambridge, Mass.-based, online insurance marketplace in the U.S., has hired Shivi Shankaran as executive vice president of Commercial Insurance and Special Projects. Shankaran previously spent nearly 15 years in various roles at Amazon. Before this, he worked …
Smith Brothers Insurance, a Glastonbury, Conn.-headquartered independently operated insurance broker, has hired Karen Smith Wohlers. She will be responsible for Employee Benefits Compliance and Legal Services in her new role. Wohlers has a background in human resources and compliance. Previously, …
The state of Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change. Attorney General Maura Healey filed the lawsuit shortly after Exxon …
Hungarian insurer Cig Pannonia Nyrt., which lists Lehman Brothers as one of its founders, lost as much as a quarter of its value in two days after Italian reinsurance contracts at one of its units turned out to be counterfeit. …
