Shares of European insurers fell after the European Central Bank decided to extend its quantitative easing program until at least March 2017 and broaden the range of assets purchased. The decision is “disappointing” because bond purchases by the ECB will …
The Horton Group, an insurance, employee benefits and risk advisory firm based in Chicago, has hired Jay Fortuna as director of Sales Training and Development. Prior to joining the Horton Group, Fortuna worked at Hub Insurance, where served as the …
The Talanx Group, headquartered in Hannover, Germany, is strengthening its bancassurance business in Italy by acquiring the insurance companies belonging to the Italian banking group Gruppo Banca Sella. Via its Italian subsidiary HDI Assicurazioni SpA, Talanx is taking over 100 …
Risk Strategies Co., a privately held, national insurance brokerage and risk management firm, has acquired Re-Solutions Intermediaries LLC, a reinsurance specialist focused on assisting healthcare organizations around the world manage risk. Headquartered in Minneapolis and founded by President Tony Plampton, …
ACE Ltd. announced the leadership team it has appointed for the company’s Canadian operations. The leadership appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. As previously announced, Ellen …
Novarica, a Boston-based insurance technology research and advisory firm, reported that Chuck Ruzicka has joined the firm as a vice president of research and consulting. Prior to joining Novarica, Ruzicka was chief information officer and senior vice president of the Agency Markets division …
Plymouth Rock Assurance has promoted Larry Nisenson to president of the Plymouth Rock Prudential Agent Division. He is based in Red Bank, New Jersey. Plymouth Rock’s Prudential Agent Division supports New Jersey Prudential Financial’s professionals who are authorized to distribute …
Federal workplace safety officials have cited a Baton Rouge, La., contractor following a trench collapse in which Isidro Martinez, 24 was killed. Another worker was pulled to safety by co-workers. The U.S. Department of Labor’s Occupational Safety and Health Administration cited …
A magnitude 4.6 earthquake has struck in southern Alaska. The U.S. Geological Survey says the earthquake hit just after 2 a.m. local time on Wednesday and was centered about 48 miles northwest of Valdez and 93 miles east-northeast of Anchorage. …
A former contractor has won a $20 million suit he filed against the Louisiana Department of Transportation and Development (DOTD) over a 2007 incident he says cost him his business because he refused to pay a bribe to a state official. …