Texas Department of Insurance Deputy Commissioner for Agency Affairs Kevin Brady has retired effective Aug. 31, after 33 years with the agency. As deputy commissioner for Agency Affairs, Brady oversaw government relations and strategic planning. He also served as an …
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched coverage for U.S. businesses when faced with loss related to terrorism and political violence both at home and overseas. Specifically, AGCS provides customizable protection beyond coverage provided …
Pillar Technologies, which uses sensors to capture and distribute risk data on construction sites in real time, has secured $2.75 million in seed funding from XL Innovate, Hyperplane VC and Techstars Ventures. Pillar said the funding will enable it to …
The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey. The National Flood Insurance Program (NFIP) is currently on a path that will lead …
Japan Post Holdings Co. will announce plans for a share sale by the government as early as Sept. 11, almost two years after the postal and financial-services giant was listed, people with knowledge of the matter said. The Ministry of …
Hub International Limited, a global insurance brokerage, announced Roy Taylor, president of the Western Region for HUB, is retiring effective Jan. 1, 2018, after a 14-year career with the company. According to the company, during his tenure Taylor guided the …
A lightning strike set a Florida apartment building on fire, forcing 38 people to evacuate. Fire officials said the fire started Friday in Tampa and left 24 apartment units without electricity. Hillsborough County Fire and Rescue said no one was …
Fosun International Ltd., one of the companies in the cross hairs of a Chinese government crackdown on offshore acquisitions, says its plans for growth don’t clash with the authorities’ agenda. The acquisitive insurance-to-drugs group remains on course to expand its …
A South Carolina couple is suing online retailer Amazon over what they claim were faulty pairs of eclipse glasses that resulted in eye injuries, headaches and blurry vision. In court papers filed in federal court last week, Thomas Corey Payne …
Insurance broker Aon Plc said on Friday [Sept. 1] it would buy real estate investment management firm The Townsend Group from Colony NorthStar Inc for $475 million, helping expand its property investment management portfolio. Aon has been tweaking its portfolio …
