Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Insurance Management Associates Inc. (IMA). Terms of the transaction were not disclosed. Based in Annapolis, Md., IMA is a full-service commercial and personal insurance agency. IMA President Randall …
PMA Companies, a Pennsylvania-headquartered provider of workers’ compensation, casualty insurance, and TPA and risk services, has named Josephine Copeland as vice president of Managed Care. In this role, Copeland is responsible for leading PMA’s corporate and field Managed Care operations. …
Donations made by pro-Brexit groups including Arron Banks’ Leave.EU will be investigated by police after the Electoral Commission said they may have “knowingly concealed” the true source of 8 million pounds ($10.3 million) of funds to the campaign. The Electoral …
Federal prosecutors have launched a criminal investigation of utility company NiSource Inc over gas explosions and fires in three Massachusetts communities that killed one person and injured at least 21 others in September, the company disclosed on Thursday. Grand jury …
Bayer AG’s chief executive said this week the company might consider settling lawsuits over Monsanto’s glyphosate-containing weed-killers depending on how high court costs rise, but stressed it remained focused on defending the combined company against claims they cause cancer. Bayer …
Willis Towers Watson announced the appointment of Adrian Willmott as sales leader for its Corporate Risk & Broking GB Retail business. Based in London, Willmott will be responsible for developing Willis Towers Watson’s integrated sales approach for the retail business …
A senior Democratic U.S. senator on Thursday unveiled draft legislation that would allow hefty fines and as much as 20-year prison terms for executives who violate privacy and cybersecurity standards. Senator Ron Wyden released a draft of legislation that would …
Zurich Canada announced a new organizational structure and team, which is designed to simplify and strengthen the insurer’s go-to-market approach. “We now have the structure in place to ramp up our support for our customers and brokers in Canada, strengthening …
Investment manager Neuberger Berman Group has acquired an asset manager and an affiliated reinsurer, which manage funds of more than $1 billion and focus on insurance-linked strategies. New York-based Cartesian Re and its Bermuda affiliate Iris Re were purchased from …
The Lion Air jet that crashed into the Java Sea off Indonesia earlier this week had experienced problems with the sensors used to calculate altitude and speed on its previous flight, an issue that could help explain why the plane …
