Baltimore-based Maury, Donnelly & Parr, Inc. (MDP) reported its acquisition of another Maryland insurance agency, Campion Insurance in Bel Air. MDP said the merger broadens its reach and service offerings across the Mid-Atlantic region, including in both commercial and personal …
Parts of North Carolina saw something Monday that has not been seen in hundreds, perhaps 1,000 years – 18 inches of rain in half a day. That’s “once in every 1,000 years!” the National Weather Service said on social media …
PCF Insurance Services acquired the insurance business of Top Insurance Associates in Snohomish, Washington. The Top Insurance Associates team will join PCF Insurance’s Fortiphi Insurance. Top Insurance Associates offers personal and commercial insurance services to individual and business clients in …
Cigna Group’s Express Scripts sued the US Federal Trade Commission over a recent report that the company said demonizes pharmacy benefit managers and asked the court to order the agency to retract it. The lawsuit escalates the conflict between drug …
Howden, the London-based insurance intermediary group, announced its launch into the Japanese retail insurance broking and captive consulting and management markets with the acquisition of Foresight Holdings Co. Ltd. Also announced was the appointment of Takuya Aibe as CEO of …
Russian company RusChemAlliance has filed new lawsuits against five European banks that stopped financing the construction of a gas project in Russia after the West imposed sanctions against Moscow over the 2022 invasion of Ukraine. The lawsuits, all filed with …
US property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid lower losses tied to catastrophes. The average US property insurance rate decreased 0.94% in the second quarter from a year …
This edition of International People Moves details appointments at AXIS Capital Holdings and Marsh McLennan. A summary of these new hires follows here. AXIS Names Chubb’s Mitchell as Head of Global Markets, Succeeding Gregory AXIS Capital Holdings Ltd., the Bermuda-based …
The Brazilian government confirmed on Monday it was in talks on a potential $18 billion payout from a trio of miners involved in a deadly 2015 dam collapse, saying the deal could also involve further repair work by the companies …
The focus of a lengthy probe into PricewaterhouseCoopers LLP’s China business now shifts to Hong Kong after the accounting firm was hit with a record fine in the mainland over its audit of failed developer China Evergrande Group. Hong Kong’s …