British insurer Aviva reported an 11 percent rise in first-half operating profits to 1.47 billion pounds ($1.94 billion) on Thursday, boosted by its general insurance and fund management units and sending its share price higher. Analysts in a company-supplied poll …
Montana’s worst fire season in years is expected to scorch the drought-stricken landscape well into fall, long after the state’s firefighting reserves run out thanks to politicians diverting millions of dollars to fill a budget shortfall. There is only $12 …
Brown & Brown of Minnesota Inc., a subsidiary of Brown & Brown Inc., has acquired the assets of Clairmont Financial in Minnesota. Clairmont Financial will transition into Brown & Brown’s profit center in Minneapolis, which operates under the direction of …
The Travelers Companies’ CEO Alan Schnitzer has added the title of “chairman” to his nameplate, ending a management structure put in place after the company’s former leader, Jay Fishman, died of Lou Gherig’s disease in August 2016. Travelers said its …
Hub International Ltd. has acquired the assets of Havre, Mont.-based Steve Mariani Insurance LLP. Terms of the deal were not disclosed. President Steve Mariani will join Hub Mountain and report to Rene LeVeaux, president of Hub Mountain States. Steve Mariani …
U.S. teenagers are more reckless after their first few years of driving, often becoming overconfident in their abilities and putting themselves at higher risk for accidents, a new study shows. More than half of high school seniors have car accidents …
Expense savings and strong results in its consumer insurance business were the highlights of the second quarter for American International Group Inc. After-tax operating income was $1.4 billion for the second quarter 2017 compared to $1.3 billion. Net income came …
Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has hired Randy Eifert as senior vice president of its Private Client Group and as Risk Management Practice leader. Eifert will provide executive leadership and support company-wide in personal and commercial lines …
The Arbella Insurance Group, a Quincy, Mass.-headquartered regional property and casualty insurance company, has appointed Karen Jansky as director of application development in information technology. Reporting to Matthew Postulka, assistant vice president of information technology, Jansky will oversee Arbella’s core …
New York state’s banking and insurance regulator issued subpoenas on Tuesday to two Wells Fargo & Co units after the bank said it had sold auto insurance to hundreds of thousands of customers who did not need it. The New …
