News

Thomas Miller to Acquire Germany’s Zeller Associates’ MGA, Insurance Operations

London-based insurance provider Thomas Miller reports it has agreed to purchase the managing general agency and insurance services operations of Zeller Associates, a shipping, trade and transport insurance specialist based in Hamburg. No terms were disclosed Zeller Associates, which also …

Pennsylvania’s Erie Insurance Appoints Kricher as Harrisburg Branch Manager

Fourteen-year Erie Insurance veteran Glenn Kricher has been appointed to the position of branch manager at the insurer’s Harrisburg, Penn., branch, effective September 13. As a current senior district sales manager in Harrisburg, Kricher oversees one of Erie’s largest districts. …

Hong Kong, Southern China Restoring Operations After Super Typhoon

The financial hub of Hong Kong began clearing up on Monday after being battered by one of the strongest typhoons in recent years, with financial markets and offices operating as normal. Super typhoon Mangkhut, with hurricane-force winds well over 200 …

Allianz Under Fire by Australian Commission for Travel Insurance Sales

An Australian unit of German insurer Allianz SE sold travel insurance that misleadingly promised unlimited emergency medical cover wherever people were even though the policies had limits on both cost and location, a misconduct inquiry heard on Monday. The Royal …

Carolinians Must Wait for Flood Waters to Recede to Assess Florence’s Damage

Monday, Sept. 17, 2018, 9:55 am — Record-setting, still-rising floods covering much of eastern North Carolina are preventing companies, regulators and environmental groups from making a comprehensive assessment of damage from Hurricane Florence. On Monday, bucketing rains and tornado warnings …

Brexit Talks Set to Intensify as EU, UK Seek Final Exit Deal

Brexit talks are set to intensify over the coming week, with the first of three summits that European Union leaders hope will settle a divorce deal for departing Britain within the next two months. EU leaders will get an update …

Gas Company Hit Over Response to Massachusetts Explosions; New Leak Found

A new natural gas leak was discovered in the Boston area just two days after a series of pipeline explosions killed one person, injured more than 25 and prompted Massachusetts to declare a state of emergency. The latest leak was …

VW, Other Carmakers in Talks Over Autonomous Vehicle Standards

Germany’s Volkswagen is in talks with other carmakers to set common standards for self-driving vehicle technology, Automotive News reported on Friday. The Volkswagen Group is discussing the initiative with more than 15 potential partners, according to the report, which cited …

MGM Follows Suit Against Las Vegas Shooting Victims with Charity Offer

An unprecedented legal move by MGM Resorts International to sue surviving victims of the Las Vegas mass shooting took another unusual turn last week when the casino-operator offered to make $500 charitable donations in the name of each person who …

South Carolina Issues Hurricane Florence Data Call, Emergency Order to Insurers

The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation Friday designed to protect insurance consumers as they recover …

News Archives by Month