CNA announced three leadership appointments within the company’s Commercial Insurance organization. Michael Kirchgessner has been appointed to senior vice president, Underwriting for Large/Complex Casualty business. In this role, Kirchgessner will be responsible for implementing underwriting strategies for CNA’s Large/Complex Casualty …
Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the region’s four billion people. There are “incredible” opportunities in …
Firefighters say a near-century-old New Jersey Italian restaurant suffered damage in an afternoon fire. Freehold fire officials say Federici’s Family Restaurant suffered smoke and water damage after a fire broke out in the wall of the restaurant Wednesday. Firefighters were …
The backers of a failed multimillion-dollar campaign to build a third casino in Maine are suing the state ethics commission over a $500,000 fine. The Portland Press Herald reports casino entrepreneur Shawn Scott’s sister, Lisa Scott, filed the suit Monday …
Alliant is continuing to expand its presence on the East coast with its recent hiring of Steve Reisler as vice president. Reisler will be based in the Fair Haven, N.J., office of Alliant within the company’s Alliant Americas division. In …
The Bermuda re/insurance model will be tested following U.S. tax forms and the continuing challenges of competitive market conditions, according to a report by Fitch Ratings. The cut in the U.S. corporate tax rate to 21 percent from 35 percent …
A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cyber security specialist. C5 Capital aims to create a regional managed security service leader combining the latest cloud-based …
The maritime authorities of China, Panama, Iran and Hong Kong on Thursday signed an agreement to jointly investigate a collision in the East China Sea that caused the worst oil ship disaster in decades, according to China’s Ministry of Transport. …
China is considering a merger of its banking and insurance regulators, people familiar with the matter said, as it seeks to better coordinate its attempts to counter financial risks in the world’s second-largest economy. Government agencies under the direction of …
A total of 84,254 workplace discrimination charges were filed with the Equal Employment Opportunity Commission (EEOC) nationwide during fiscal year (FY) 2017, according to the federal agency. The EEOC said it secured $398 million for victims in the private sector …
