A worker at a Schick razor factory in Connecticut has been hospitalized after her hand got caught in a machine. A production manager at the Milford, Conn., factory told WTNH-TV the worker was doing a routine job Thursday morning when …
The board of directors of Patriot National Inc. has formed a new special committee of independent directors to review a “range of strategic alternatives,” the company announced. The company said there is no assurance that this review will result in …
Chubb announced the appointment of Kyle Bryant to the newly created role of regional cyber risk manager, Europe. In his new role, Bryant will bring together Chubb’s dedicated local cyber risk expertise across its European region into a single practice. …
Allied World Assurance Co. Holdings AG has announced the launch of its UK Commercial Division. “Our clients tell us they need simple, affordable and flexible insurance solutions and our UK Commercial Division delivers just that — one application for a …
Three fossil fuel industry groups dropped their attempt to intervene in a court case over climate change this week after failing to reach an agreement on a unified legal position on climate science, court filings show. The American Petroleum Institute …
Neos, a UK connected home insurer, announced last week it has secured a £5 million (roughly $6.4 million) series A investment led by Aviva Ventures together with strategic partner Munich Re. The strategic investment accelerates Neos’ growth as the UK’s …
Japan aims to finalize on June 9 plans to allow package delivery by drone sometime from 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told Reuters. The …
The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi Arabian insurer known as MedGulf, denied it’s considering putting itself up for sale. MedGulf isn’t exploring strategic options that could include a potential sale of the company and hasn’t appointed …
Canada’s Fairfax Financial Holdings plans to sell a 12.2 percent stake in its Indian joint venture insurer ICICI Lombard in a deal that will value the company at 203 billion rupees ($3.15 billion), the Indian company said on Saturday. Red …
AmTrust Financial Services Inc., the provider of workers’ compensation insurance, surged in New York trading after members of the chief executive officer’s family agreed to inject $300 million for new shares in a private placement. The family of CEO Barry …
