Kevin Kilps’s car ferry churns the waters of Germany’s Rhine river as he steers toward the bank opposite Kaub, a scenic village just south of the rocky outcropping named after the legendary siren Lorelei. It’s typically a busy stretch of …
Argo Group International Holdings, Ltd., the Bermuda-based re/insurer, announced a preliminary pre-tax catastrophe loss estimate of $32 million for the fourth quarter of 2018, primarily related to Hurricane Michael and the California wildfires. Additionally, the company’s fourth quarter 2018 results …
Prime Minister Theresa May’s Brexit deal has been thrown out by Parliament. She’s now in talks with rival politicians to find a way forward before presenting a Plan B on Monday. If her plan isn’t convincing, then British lawmakers will …
Commodities broker Marex Spectron was warned by one of its executives about the risk of fraud before it finalized a metals financing deal with French bank Natixis that triggered a $32 million lawsuit by the lender, court documents seen by …
Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding into the property construction insurance market in the UK and Ireland and has appointed Simeon Seamer to lead the effort as head of Property Construction, UK and Ireland. “With the current …
Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen cooperation to broaden economic ties. The agreements were reached after a two-day visit to Beijing …
Missouri Department of Insurance, Financial Institutions & Professional Registration (DIFP) Director Chlora Lindley-Myers has been appointed chair of the Market Regulation and Consumer Affairs (D) Committee for the National Association of Insurance Commissioners (NAIC). The mission of the committee is …
Between 2015 and 2017, Texas experienced a record number of tornadoes, hailstorms and a hurricane, but the state finally got a reprieve from all of the destructive weather in 2018, the Insurance Council of Texas (ICT) reported. Prior to last …
Two companies battling for a share of more than $14 billion in mandated safety upgrades on U.S. railroads are set to collide in federal court to resolve a dispute over technology that prevents train accidents. Germany’s Siemens AG accuses U.S. …
Method Insurance Services has launched a specialty workers’ compensation program with Service American Indemnity Co. that focuses on an under-served market segment for challenging, high-hazard risks. The program will entertain middle market accounts with manual premiums between $10,000 – $250,000 …
