Hub International Ltd., the Chicago-based insurance broker, has acquired Canada’s Blackstone Insurance, Benefits & Bonding Inc. Terms of the acquisition were not disclosed. Headquartered in Saskatoon, Saskatchewan with an additional office in Regina, Blackstone Insurance is a Commercial Insurance and …
Ping An Insurance (Group) Co. is considering buying Prudential Plc’s Asia business, people familiar with the matter said, a deal that would reshape Asia’s booming insurance industry and mark the biggest-ever Chinese acquisition. Ping An has sounded out the Chinese …
CNA Canada announced the appointment of Greg Metcalfe as senior vice president and chief financial officer. In this role, Metcalfe will be responsible for leading the finance and information technology functions for CNA Canada. He reports to Nick Creatura, president …
A former minister in the government of Barbados has been criminally charged in the United States with laundering bribes he received from a Barbadian insurance company, federal prosecutors said on Monday. Donville Inniss, who formerly served as minister of industry …
Typhoon Shanshan spared most parts of Tokyo and is expected to head northward along Japan’s eastern coast, averting major disruption for commuters in and around the capital. The slow-moving storm was located 60 kilometers (38 miles) southeast of Mito in …
Zurich Insurance Group AG got a boost from its property & casualty business, putting the company on track to meet Chief Executive Officer Mario Greco’s three-year restructuring goals. The Swiss insurer’s biggest unit saw higher profit and posted a lower …
Uber Technologies Inc. is creating a standalone business out of its long-haul trucking business, with plans to double its investment in the unit to drive growth ahead of a much-anticipated initial public offering. Uber said on Tuesday its separate freight …
Cars and trucks with electronic driver assist systems may not see stopped vehicles and could even steer you into a crash if you’re not paying attention, an insurance industry group warns. The Insurance Institute for Highway Safety, in a paper …
A Seattle, Wash. company that manufactures electronics mounting systems and other products is facing more than $250,000 in fines for multiple serious and willful worker safety and health violations. The state’s Department of Labor & Industries recently cited National Products …
On Wall Street, it’s known as “the Weinstein clause.” Advisers are adding guarantees to certain merger agreements in light of the sexual misconduct scandals that have enveloped the producer Harvey Weinstein and other high-profile businessmen — ones that legally vouch …
