Global insurance broker Lockton has chosen insider Glenn A. Spencer as its next president and chief executive officer, effective May 1, 2017. Spencer will succeed John L. Lumelleau, who has led Lockton as president and CEO since 2002 and through …
Fosun Group, China’s biggest private conglomerate, will list U.S. property and casualty insurer Ironshore Inc “as soon as possible” this year, Guo Guangchang, the company’s billionaire co-founder and chairman told Reuters ahead of a Reuters Newsmaker event in Beijing on …
Cape Cod, Massachusetts-based Rogers & Gray Insurance has acquired the independent insurance agency, Albert G. Brock Co., located on Nantucket Island. The newly formed entity will now be known as Brock Insurance, a division of Rogers & Gray. The Brock …
Anthem Inc. said it’s not in discussions with Cigna Corp. to end their $48 billion tie-up, as speculation about the health insurance deal’s fate mounts. The New York Post reported earlier that Anthem may be ready to walk away, citing …
Munich Re U.S. has appointed Stephan Hochburger and Paul Ludwig as senior vice presidents and client executives for the Reinsurance Division. They will report to Steven Levy, president of the Reinsurance Division (RD), and serve on the RD executive leadership …
A lack of adequate liability insurance has put an end to a project honoring military veterans by flying American flags on utility poles in Maine’s smallest town. The Kennebec Journal reports Randolph Fire Association fundraised for about a year before …
Brian Inselberg has joined Starr Companies as senior vice president, Financial Lines. He will have overall responsibility for the growth and profitability of the portfolio as well as the leadership of the financial lines underwriting team. Inselberg joins Starr with …
Senate Democrats on Tuesday blocked Republicans’ plan to partially fund President Barack Obama’s request for funding to tackle the Zika virus and attach it to other items Democrats dismissed as partisan, setting off a bitter round of sniping ahead of …
Workers’ compensation insurer The MEMIC Group has appointed Gus Gonnella to the position of vice president of Claims for the Atlantic and Northeast regions. In his more than 23 years of experience in the insurance claims industry, Gonnella has been …
Led Zeppelin won’t have to share royalties from one of rock-and-roll’s masterpieces after a jury found guitarist Jimmy Page and singer Robert Plant didn’t steal the opening chords of “Stairway to Heaven” from an obscure 1968 instrumental. Thursday’s verdict followed …