Starkweather & Shepley Insurance Brokerage Inc. (S&S), an East Providence, R.I.-headquartered independent insurance agency, has acquired the independent insurance agency McGrath Insurance Group, operating in Sturbridge and Spencer, Mass. “The goals for McGrath’s acquisition with Starkweather & Shepley are to …
Uber Technologies Inc. lost a ruling over London transport rules that require language tests for drivers, which could keep 40,000 people from joining the industry over the next three years. Judge John Mitting ruled in favor of Transport for London …
Despite the rising profile of cyber risks, buyers have failed to widely embrace cyber coverage. At the same time, insurers generally have remained cautious about writing the coverage on a large scale basis. A recent report published by accounting and …
Australia said on Friday it will offer the world’s first university course to train intelligence analysts to fight cyber crime, prompted by innovative methods of money transfer among organized crime and militant groups. The measure expands on Prime Minister Malcolm …
Bermuda-based White Mountains Insurance Group Ltd. announced the election of Manning Rountree as chief executive officer, effective immediately, succeeding Ray Barrette, who is retiring. Rountree has also been elected to the company’s board of directors. Barrette also retired as chairman …
Italy’s biggest insurer Generali has hired BNP Paribas to sell its Dutch business as part of a plan to cut costs in weaker markets and boost profits, sources told Reuters. Generali, which generates most of its revenues and earnings in …
The European Union’s market watchdog is investigating ways to stop national regulators competing unfairly with each other as they try to attract firms from Britain after Brexit in a beauty parade of financial centers. The European Securities and Markets Authority …
A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody’s Investors Service managing director and said he deserves none of the $863.8 million that Moody’s agreed to pay to settle claims it inflated mortgage ratings prior to …
Authorities are investigating a miner’s death in McDowell County, W. Va., at an operation owned by Gov. Jim Justice. Patrick Graham, vice president for Southern Coal Corp., says a worker at its Bishop Preparation plant near Squire died shortly before …
The Hilb Group, LLC (THG) has acquired Charlotte Insurance, located in Charlotte, N.C. The transaction became effective Feb. 1, 2017. Founded in 1992, Charlotte Insurance is one of the largest locally owned property & casualty insurance providers for businesses and …
