Brady Risk Program Managers and its partner companies, Tritan Risk Management Group and Healthcare Risk Management Group, have announced that Michael McKeown has joined the firm as senior vice president of brokerage and program management services. In this role, McKeown …
CopperPoint Mutual Insurance Co. announced it has entered into a definitive agreement to acquire California-based workers’ compensation carrier Pacific Compensation Insurance Co. from Alleghany Insurance Holdings LLC for $150 million in cash. The combined book of underwriting business for the …
Auto insurers, faced with rising accident rates and the emergence of autonomous vehicles that could make them obsolete by removing human error, have reason to love and hate driverless technology. Munich Re, the world’s biggest reinsurer, has decided to embrace …
Devastation from Hurricane Irma in the Caribbean will sharpen the demands from small island nations that top fossil-fuel consumers help them cope with damage attributable to climate change, according to representatives of some of those countries. That will put island …
The chairman of the U.S. National Transportation Safety Board (NTSB) said on Tuesday “operational limitations” in the Tesla Model S played a “major role” in a May 2016 crash that killed a driver using the vehicle’s semi-autonomous “Autopilot” system. The …
Pay-per-mile personal auto insurer Metromile announced a partnership with global reinsurance broker JLT Re for a risk transfer and unique reinsurance agreement. Hudson Bermuda led this reinsurance agreement which also includes MAPFRE RE. Metromile said the agreement gives it additional …
A multi-car pileup on Interstate 55 in southern Mississippi has left two people dead. Mississippi Highway Patrol spokesman Cpl. Brandon Fortenberry tells local media that seven vehicles, including an 18-wheel truck were involved in the Monday accident in McComb. He …
The historic but often decrepit buildings of Havana and other colonial Cuban cities couldn’t stand up to Hurricane Irma’s winds and rainfall, collapsing and killing seven people in one of the highest death tolls from the storm’s passage through the …
The death toll from Mexico’s 8.1 magnitude earthquake rose to 96 on Monday as more victims were confirmed in the hard-hit southern states of Oaxaca and Chiapas and residents worked to repair shattered homes and small businesses. The Foreign Relations …
Chicago-based global insurance broker Hub International Ltd. has acquired the Canadian unit of insurance broker Integro Ltd. Terms of the acquisition were not disclosed. Integro Canada is a commercial property/casualty brokerage with offices in British Columbia, Ontario and Quebec, specializing …
