WKFC Underwriting Managers has hired Mark Reisig as chief underwriting officer of its Property division, based at the company’s headquarters in Melville, N.Y. Reisig joins WKFC with more than 30 years of property insurance experience. His previous position was with …
Arch Capital Group Ltd., a Bermuda-based provider of insurance, reinsurance and mortgage insurance, has entered into a definitive agreement to acquire McNeil & Co., a nationwide provider of specialized risk management and insurance programs headquartered in Cortland, N.Y. Terms of …
BHP Billiton Ltd. was forced to derail a runaway train that traveled almost 60 miles without a driver across the Pilbara, a major iron ore producing area in Western Australia. The world’s top mining company halted all train operations in …
Kemper Corp. reported net income of $92.2 million for the third quarter of 2018, compared to $47.7 million for the third quarter of 2017. As adjusted for the acquisition in the quarter of nonstandard auto insurer Infinity, net income was …
Uber Technologies Inc has asked Pennsylvania for permission to resume self-driving car testing on public roads and has improved the autonomous vehicle software, the company said on Friday, more than seven months after it suspended testing following a deadly crash …
Berkshire Hathaway Inc.’s insurers dodged the worst of losses caused by Hurricane Florence as the businesses kept up their rebound from a rough 2017. The company’s operating profit doubled last quarter, capitalizing on trends ranging from more train traffic on …
The United Kingdom is confident that it is on the verge of reaching an agreement with the European Union to give London’s vast financial center access to EU markets after Brexit, Britain’s financial services minister John Glen said on Monday. …
Search crews hunting for the remains of Lion Air Flight JT610 have found the data recorder, engines and body parts of some of the 189 victims. But the key to solving the mystery behind the crash is still missing: the …
Arron Banks, the insurance businessman whose millions of pounds of donations to a pro-Brexit campaign are being investigated by police, denied Russia was involved and said the funds came from his U.K. business. “There was no Russian money and no …
Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the industry gets a bad rap in terms of innovation,” Dan Glaser, Marsh McLennan Cos. CEO, told the roomful of innovators, …
