Hospitality Insurance Group President and CEO John W. Tympanick has announced his 2018 retirement after 26 years with the Southborough, Mass.-based company. “After 26 years helping to create a successful regional multi-line insurance company from its humble beginnings as a …
Police in Massachusetts are warning of fake social media accounts that have popped up after a woman won the $758.7 million Powerball jackpot. Chicopee police say fake accounts are being created on Twitter, Facebook and Instagram stating that they are …
Connecticut Insurance Commissioner Katharine L. Wade is reminding policyholders to review their homeowners insurance and understand their coverage as the 2017 Atlantic tropical storm season heads into its busiest time. The storm season traditionally runs from June 1 through November …
A federal judge in Texas on Thursday struck down an Obama administration rule that would have extended mandatory overtime pay to more than 4 million U.S. workers, siding with business groups and 21 states that had challenged it. The decision …
Japan’s Sompo Holdings Inc. announced it has agreed to sell Lloyd’s re/insurer Sompo Canopius AG to a private equity consortium led by Centerbridge Partners for $952 million. On completion of the purchase, Canopius will become a standalone business led by …
Japan’s government plans to sell shares in Japan Post Holdings Co. as soon as this month, the first sale since the company’s massive 2015 listing, a government source familiar with the deal said on Friday. The finance ministry will meet …
Private equity firm Warburg Pincus made a majority investment in SCM Insurance Services, the privately owned Canadian insurance services provider said on Thursday. SCM did not disclose financial terms but said the investment would help grow its business in Canada …
Chubb has broadened its enterprise risk management options for Chubb commercial cyber policyholders in the United States and Canada. Two new policy forms, Cyber Enterprise Risk Management (Cyber ERM) and DigiTech Enterprise Risk Management (DigiTech ERM), combine cyber insurance with …
NORCAL Mutual Insurance Company will began offering medical professional liability insurance in Nebraska on Sept. 1. This is the latest in NORCAL’s national expansion, which now reaches 38 states, including the District of Columbia. NORCAL provides insurance for physicians and …
Rains from Harvey are inundating coastal Alabama with floodwaters and forcing the Tennessee Valley Authority to lower lake levels in north Alabama. Authorities say numerous roads were covered with water in Mobile and Baldwin counties Wednesday morning, and conditions could …
