A motorist who struck and killed a 17-year-old cyclist in northern Spain — and then sued the boy’s parents over the damage to his Audi — has dropped the lawsuit, the family said Wednesday. Businessman Tomas Delgado collided with the …
Dublin-based Research and Markets has added “Insurance in Europe” to their offering. The study gives an industry profile, which R&M describes as “an essential resource for top-level data and analysis covering the insurance industry. It includes detailed data on market …
Lloyds’s insurer, Marketform Group Limited, which specilizes in non-US medical malpractice and other specialty lines, announced that American Financial Group Inc. (AFG) is to become the majority shareholder in its business, increasing the Company’s presence as an international specialist insurer. …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a+” of Zurich Insurance Company (ZIC), the main operating company of Swiss-based Zurich Financial Services Group (ZFS) and its subsidiaries. …
The pending acquisition of Commerce Insurance Group, Inc. by Spain’s largest insurer, Mapfre S.A., is being investigated by the Massachusetts attorney general. In a filing with the Securities and Exchange Commission, Commerce reported that it has received notice that Attorney …
Insurer likes Hispanic market potential as well as solid performance of Mass. personal lines insurer The potential of the Hispanic insurance market is one of the factors attracting Spanish insurer Mapfre to its acquisition of the Webster, Mass.-based personal lines …
They are seen as the gurus of global warming, and their reports are accepted almost as the gospel of climate science. Esteem for the panel of scientists was immortalized when it won this year’s Nobel Peace prize. But experts and …
W. R. Berkley Corporation announced that it has agreed in principle to purchase the 20 percent minority interest in W. R. Berkley Insurance (Europe), Limited held by Kiln Ltd. for approximately $50.1 million (£24.5 million), subject to the approval of …
The Massachusetts Institute of Technology has sued world-renowned architect Frank Gehry, alleging serious design flaws in the Stata Center, a building widely celebrated for its unconventional walls and radical angles. The suit says MIT paid Los Angeles-based Gehry Partners $15 …
A.M. Best Co has commented that the issuer credit rating (ICR) of “a” of Mapfre S.A. (formerly Corporacion Mapfre S.A., the holding company of Spain’s Mapfre Group) “remains unchanged following the announcement that Mapfre intends to acquire Commerce Group (currently …
