Eliclade’s Service Inc. of Cranston, R.I., recently joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast. Through this affiliation, Eliclade’s Service can offer clients a larger variety of insurance products with more than …
Distinguished LLC, a New York, N.Y.-based group of entrepreneurial businesses serving the insurance industry, has acquired American Hole ‘n One (AHNO), a global hole-in-one and event promotions company. In tandem with the AHNO acquisition, Distinguished LLC will also acquire AHNO’s …
Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired Delmarva Surety in a move that extends its Mid-Atlantic footprint while adding specialized contract surety expertise. Terms of the deal were not disclosed. Established in …
Many independent U.S. truckers are pushing President Donald Trump to back his anti-regulatory rhetoric by delaying an Obama-era rule requiring electronic monitors in trucks, a measure some drivers fear could put them out of business due to extra costs. The …
From the very start of his presidency, Donald Trump has made it a high priority to reduce the level of federal regulation. And in 2017, the stock market has boomed. Many business leaders believe that this is hardly a coincidence, …
London’s financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. The agreement on Friday paves the way for arduous trade …
Aspen Insurance Holdings Ltd. announced that David Schick has been appointed group chief operating officer. Schick joins Aspen from Maybank where he was executive vice president, Group Strategy and Transformation, and director of Strategic Operational Excellence. At Maybank, he was …
A Slovenian cryptocurrency mining marketplace, NiceHash, said it lost about $64 million worth of bitcoin in a hack of its payment system, the latest incident to highlight risks that uneven oversight and security pose to booming digital currencies. NiceHash matches …
Brit Ltd. announced it is relocating its Gibraltar-based reinsurer, Brit Insurance (Gibraltar) PCC Ltd., to Bermuda. The process is expected to be completed by the end of the year, following which Brit Insurance (Gibraltar) will be renamed Brit Reinsurance (Bermuda) …
Swiss Re announced that John Dacey, currently group chief strategy officer, has been appointed group chief financial officer, effective April 1, 2018. He succeeds David Cole, who will step down to pursue a non-executive career, while remaining a board member …
