Representatives of the United States and the European Union met in Brussels this week to continue their joint negotiations for a bilateral agreement on insurance and reinsurance measures. “Both sides continued to discuss in good faith matters relating to group …
John Tatum has joined AXIS Insurance as executive vice president and head of U.S. Programs. In this new position, he is responsible for all programs and binding authorities for AXIS Insurance across the U.S. market. Tatum reports directly to Carlton …
National Interstate Corp., the provider of insurance to the transportation industry, accepted majority-owner American Financial Group Inc.’s sweetened bid of $32 a share to buy the stock that it doesn’t already own. The offer values National Interstate at about $660 …
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results Operating income at the giant insurer formed with the merger …
World Insurance Associates, an independent insurance agency headquartered in Tinton Falls, New Jersey, said it recently acquired AIV Group, an insurance agency serving the Asian community. AIV Group, in Avenel, New Jersey, was founded in 2010 by Sonali Shah, who …
A western New York man struck by a Rochester police cruiser earlier this year has filed a $7 million lawsuit against the department. The Rochester Democrat and Chronicle reported that 24-year-old Brian Norford claims in the lawsuit that police used …
New York state is launching an investigation into the working conditions of employees in the dry cleaning industry. Gov. Andrew Cuomo said the effort will include the study of chemicals commonly used by dry cleaners that pose a health risk …
A man arrested for painting the letters “AIM” on an American flag that he flew upside-down at his house in protest has settled his free speech lawsuit against the township for more than $55,000. Supervisors in Allegheny Township, Blair County, …
President Barack Obama has signed into law a bill to curb abuse of heroin and opioid drugs, even while expressing disappointment with Republicans for not providing more money for addiction treatment. The Comprehensive Addiction and Recovery Act of 2016 creates …
The Massachusetts Property Insurance Underwriting Association (FAIR Plan) has agreed to pay $350,000 to resolve allegations that it wrongly cancelled homeowners insurance policies over a four-year period, according to Attorney General Maura Healey. According to court documents, the residual market …