Hub International Limited (Hub), a Chicago-based insurance broker, announced it has acquired the shares of Canadian broker Kindersley Insurance Ltd. Terms of the acquisition were not disclosed. Headquartered in Kindersley, Saskatchewan, with an office in Dodsland, Kindersley Insurance Ltd. is …
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, is to broaden the range of product lines underwritten by its French operation and increase the size of its team. It will also make a series of investments in its French …
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of the first Lloyd’s market consortium for motor treaty business. The consortium, led by ArgoGlobal and supported by Barbican Insurance Group, was established in time for Jan. 1 …
Aspen Insurance Holdings lost nearly $185 million in the 2017 fourth quarter, or $3.25 per diluted share. The struggling Bermuda-based insurer and reinsurer also saw its consolidated combined ratio hit 152.6. While California wildfire catastrophe costs contributed greatly to Aspen’s …
After spending 15-plus years in and around the insurance industry, Matt Peterman and Tom Volk had first-hand experience of the industry’s systemic problems with fraud and rising premiums. They decided to do something about it, developing what they think will …
InsurTech startup InsurePal (now known as VouchForMe) is developing an insurance platform that aims to revolutionize the industry’s model for risk selection and fraud prevention by “social proofing” insurance products. (Editor’s Note: When this feature was originally published in February …
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has received an insurance license from the Dubai Financial Services Authority and established an office in the Dubai International Financial Centre (DIFC). It also has named Alessandro Cerase as its senior executive …
A woman paralyzed from the chest down in a 2014 southeast Kansas crash has won a $38.5 million verdict. The Joplin Globe reports that Cherokee County jurors returned the verdict after a five-day trial. Kara Hansen was just 16 and …
Broken equipment inside a steel conveyor belt sparked the first explosion at the Imperial Sugar refinery in Port Wentworth on a mild winter night 10 years ago. The initial blast rocked the building, jolting more dust into the air. And …
Wichert Insurance in Cuyahoga Falls, Ohio, has appointed Robin Hammond as director of Insurance Operations. In this role, Hammond will assume responsibility for the day to day account manager and service personnel using the Vertafore AMS360 Imagewrite/Worksmart system to assure …
