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SEC to Revisit ‘Proxy’ Voting Favored by Investors Raising Social, Climate Issues

The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change …

CoreLogic Expands Flood and Hail Solutions in Canadian Market

CoreLogic, the Irvine, Calif.-based property data and analytics firm, announced it is expanding its Flood Risk Score and Weather Verification Services for hail into Canada. The availability of the CoreLogic Flood Risk Score and Weather Verification Service for hail in …

RSG’s ThinkRisk Becomes Part of EmergIn Risk

RSG Underwriting Managers is merging two of its managing general underwriter teams, EmergIn Risk and ThinkRisk. The teams will operate under the EmergIn Risk brand going forward. Reza Khan, based in New York, will lead the media liability and specialty …

Miller Names New Equity Partners: Hands, Lane, Wheeler, Henderson and Speers

Miller Insurance Services LLP announced that it has boosted its partnership with five internal appointments. With effect from Jan. 1, 2019, James Hands, Charles Lane, Phil Wheeler, Martin Henderson and Ben Speers will be appointed as equity holding partners. Concurrently …

Hub International Buys Canadian Broker Kuokoa Enterprises Inc.

Hub International Limited, the Chicago-based insurance broker, announced that it has acquired the assets of Kuokoa Enterprises Inc. Terms of the transaction were not disclosed. Located in Edmonton, Alberta, Canada, Kuokoa Enterprises specializes in commercial lines insurance solutions. Owner of …

Standard Club Asia, Ping An to Jointly Offer P&I Cover for China’s Shipowners

The Standard Club Asia Ltd., managed by Charles Taylor Mutual Management (Asia) Pte Ltd., entered into a cooperation agreement with Ping An Property & Casualty Insurance Co. of China Ltd. Under the terms of the agreement, Standard Asia and Ping …

AXIS Capital Estimates 4Q Losses from Hurricane Michael

AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Hurricane Michael in the range of $100 million to $120 million, which will affect its fourth quarter financial results. The loss estimate figure is net of estimated recoveries from …

Allianz’ Q3 Net Profit Surges 24% to €1.94B (US$2.2B)

Allianz is “highly likely” to reach the upper half of its 2018 profit target range, Chief Financial Officer Giulio Terzariol said as the German insurer cited lower costs and claims in its third quarter results on Friday. The group aims …

Deadly Lion Air Crash Puts Spotlight on Safety Culture Within Indonesia’s Airlines

In April 2013, a Lion Air Boeing 737 missed the runway on the Indonesian resort island of Bali in bad weather and plowed into the sea, cracking its fuselage open on the rocks. All 108 on board survived. But a …

Carbon Monoxide Leak Sickens 9 at Tennessee Hotel

Officials say a carbon monoxide leak at a Tennessee hotel has sickened nine people. News outlets reported the Nashville Fire Department was called out to the downtown Westin hotel on Wednesday morning. The Nashville Fire Department tweeted that five of …

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