Saint Joseph’s University’s Academy of Risk Management and Insurance in Philadelphia announced today it will present its Insurance Executive of the Year Award to Lloyd’s Chief Executive Officer Inga Beale. She is the first female to lead Lloyd’s, the world’s …
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High-level negotiations in Hawaii on a trade agreement in the Pacific Rim wrapped up without a final deal as disagreements over dairy and vehicle policies trumped progress in other areas. The dialogue may resume within weeks. During four days of …
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Another earthquake has shaken parts of northern Oklahoma near the Kansas border. The U.S. Geological Survey says the 3.6 magnitude earthquake was recorded at 3:28 p.m. on Aug. 1 about 11 miles south-southwest of Medford in Grant County. Medford is …
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EXOR SpA, the Agnelli family’s investment company, agreed to buy PartnerRe Ltd. for about $6.9 billion in its biggest single acquisition in more than a century after the reinsurer scrapped a deal with rival AXIS Capital Holdings Ltd. EXOR, which controls Fiat …
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NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced today its acquisition of BWD Group LLC in Plainview, New York. Terms of the transaction were not disclosed. NFP said the BWD acquisition …
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AXIS Capital Holdings Limited was apparently prepared to lose out on its merger with Partner Re. The company announced, soon after the deal with EXOR was announced that it “has accepted a request from PartnerRe Ltd. to terminate the amalgamation …
The article AXIS Agrees to Terminate PartnerRe Merger; to Receive $315 Million Breakup Fee appeared first on Insurance Journal.
A man who was injured at a Union Pacific facility when a chair he was sitting on broke has been awarded more than $920,000 by a jury in western Nebraska. Dan Anderson filed the lawsuit in March 2010, alleging that …
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OneBeacon Insurance Group is exiting the crop insurance business. The Bermuda-domiciled insurance holding company made it official with the sale of its exclusive managing general agency – Climate Crop Insurance Agency – to AmTrust Financial Services. As part of that …
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A federal appeals court has ruled the Evansville Police Department in Indiana committed too many mistakes” to be shielded from liability in a lawsuit filed over a SWAT raid on her home in 2012. The Evansville Courier & Press reports …
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Wholesale broker AmWINS Group Inc. announced today its acquisition of The III Group, a managing general agent and wholesale broker based in Glenside, Pennsylvania. Terms of the transaction were not disclosed. Founded in 1972, The III Group’s divisions consist of …
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