Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was first reported by the Wall Street Journal. No financial terms were disclosed. Starr previously invested in CoverWallet’s Series A round, …
Farmers Insurance has named new presidents for two of its key business units. Sharon Fernandez, most recently president of Bristol West Insurance, has been appointed president of Business Insurance at Farmers. In addition, Eric Kappler, previously head of product management …
Three ocean-front California local governments are taking legal action against oil companies, saying oil giants have known for almost 50 years that fossil fuels are changing the climate and causing sea rise. Northern California’s Marin and San Mateo counties and …
A California blaze in the rugged mountains outside of Yosemite National Park has destroyed eight structures and forced thousands of nearby residents to flee their homes. As of Tuesday evening, the fire had scorched 39 square miles, according to the …
Ron Lockton, who has served as global insurance broker Lockton Inc.’s vice chairman for the past two years as part of the succession plan, is expanding his role to become president and chief executive officer of the firm. He succeeds …
Specialty insurance managing general agent Nexus Group said it has acquired the assets of Personal Accident Treaty Reinsurance MGA operated by ZON Re, a U.S. based treaty reinsurance managing underwriter and Lloyd’s coverholder. The New Jersey-based ZON Re PA Treaty …
A fire in New York’s capital city heavily damaged five 19th century buildings and forced more than a dozen people from their homes, officials said Tuesday. Albany fire officials said the blaze started around 9 p.m. Monday in a block …
State House and Senate negotiators reached an agreement Monday on a revamped version of Massachusetts’ voter-approved marijuana law that would allow retail pot sales to be taxed at a maximum 20 percent rate. The deal was struck following closed-door negotiations …
A former Pennsylvania attorney who defrauded dozens of homeowners out of more than $69,000 has been sentenced to two years in prison. Forty-eight-year-old Susan Kevra-Shiner, who owned a company in Avoca that sold insurance policies, was sentenced by a federal …
Secretary of State Rex Tillerson is shutting down an office that coordinates cyber issues with other countries, according to two people familiar with the plan, in a move that critics said will diminish the U.S. voice in confronting hackers. The …
