Credit Agricole SA intends to bid for Banco BPM SpA’s insurance businesses after having bought a minority stake in Italy’s third-largest bank, according to people with knowledge of the matter. The French bank is ready to compete with AXA SA …
SAN Group Names Fornari as Regional Vice President for Massachusetts Satellite Agency Network (SAN) Group, the alliance of independent insurance agencies in the Northeast, welcomed its recent hire Andrew Fornari, who has joined as regional vice president for Massachusetts. In …
The Insurance Industry Charitable Foundation honored Eric J. Andersen, president of Aon, with IICF’s Golden Horizon Award. The annual award recognizes an individual within the insurance community who has demonstrated philanthropic excellence and leadership. IICF also granted nearly $410,000 at …
California-based national agency Relation Insurance Services reports it has acquired the assets of Guilford, Connecticut-based Yerkes-Stephens Insurance. Yerkes-Stephens was previously part of Nationwide Mutual Insurance Co.’s exclusive distribution network. Terms of the transaction were not disclosed. Yerkes-Stephens provides personal and …
According to estimates by Fitch Ratings, direct written premiums (DWP) for standalone and packaged cyber insurance increased 74% to nearly $5 billion in 2021 compared with overall growth for the property casualty industry of 9%, making cyber insurance the fastest …
A federal judge said on Wednesday Tesla Inc. was liable to a Black elevator operator who said the electric car company ignored racial abuse at the factory where he worked, but reduced a nearly $137 million jury award to $15 …
Nearly two dozen people were injured when tornadoes swept through central Texas as part of a storm system that was expected to spawn more twisters and damaging winds Wednesday. The storms caused widespread damage Tuesday in Salado, about 50 miles …
Arkansas Attorney General Leslie Rutledge announced last month a lawsuit against. Eastern Ozarks Regional Health System for failing to protect sensitive patient information, both person and medical, after the hospital closed. The suit alleges that the former Cherokee Village hospital …
An employee working at Crystal Finishing Systems Inc.’s aluminum extrusion facility in Weston, Wisconsin was hospitalized with serious injuries after being struck by a puller machine while trying to unjam a piece of aluminum. The U.S. Department of Labor’s Occupational …
A possible tornado tore up a small Minnesota town and a blizzard forced the closure of the North Dakota Capitol, schools and roads, as spring storms wreaked havoc across the Upper Midwest. The National Weather Service said the unconfirmed tornado …