Swiss Re Corporate Solutions appoints Michael LaRocca as head of Property & Specialty Lines North America, effective November 7, 2018. In this role, LaRocca will be responsible for managing the strategy, development and performance of the company’s Property & Specialty …
Federal transportation safety investigators will try to determine what caused a helicopter to crash into power lines during an inspection flight in northern New York, killing two people on board and injuring two others. The National Transportation Safety Board says …
Selective Insurance Company of America, a subsidiary of Selective Insurance Group Inc., has announced the following officer appointments. Regina DePumpo has been appointed assistant vice president of Corporate Claims. She joined Selective in September 2018. Prior to that, she served …
A longtime Texas insurance agency is now operating under its former name, Sleeper Sewell Insurance, following the purchase of the assets of ANBTX Insurance Services by agency president Von E. Breaux and industry veteran D. Michael Sherman, owner of DMS …
Rolling Meadows, Ill.-based broker Gallagher announced it has acquired a controlling interest in Purple Bridge Group Ltd., the holding company of UK specialist property insurance provider Vasek Insurance Services Ltd. The deal includes Vasek’s appointed representative Insure My Villa, and …
Some UK insurers may be forced to change how they set their prices for motor and home insurance as a result of a regulatory investigation next year, according to Fitch Ratings. Insurers have been accused of overcharging customers who do …
Mining giant BHP Billiton expects some interruption to its Australian iron ore exports after a nearly 3-km-long train loaded with the commodity was forcibly derailed this week after running away en route to a key shipping hub. BHP said in …
Boeing Co. is advising airlines on procedures to deal with false readings from an plane sensor that authorities say malfunctioned on a 737 Max jet that crashed off the Indonesian coast over a week ago. The operations-manual bulletin was issued …
American International Group Inc. is exiting business activities in Iran that came with a subsidiary it acquired and which now butt up against the sanctions against Iran that have been reimposed by the Trump administration, according to a filing. Validus …
Wells Fargo & Co. executives were warned that an auto insurance plan could be overcharging customers four years before the bank scrapped the program, according to a complaint released by a judge this week. Several executives, including then-General Counsel James …
