San Diego, Calif.-based Partners General Insurance Agency LLC has named Thomas Farrell president. Jas Chima will become CEO (formerly president and CEO) and John Davis will remain as executive vice president. Farrell joined PGIA in mid-2019. He has more than …
CompWest Insurance has added Liz McNamara as a business development consultant in Southern California. McNamara most recently was a senior underwriter at Amtrust. She began her insurance career in 1987 as a multi-line underwriter and territory manager for American States …
Auto insurer Metromile has attracted $50 million in new investment from a former Uber executive even as it has obtained regulatory approval to formalize a reverse merger deal that will make it a publicly-traded company. Ryan Graves, Uber’s former senior …
Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus on its insurance operations, Elliott Advisors said on Tuesday. The activist investor said this would restore investor confidence and unlock …
Coalition has appointed five new production underwriters to help grow and serve the company’s middle market relationships. New Coalition production underwriting team members include: Andrew Cross, based in San Francisco, joined Coalition from CNA Insurance where he held the role …
China’s banking and insurance regulator issued draft rules on Friday in which emphasized stronger Communist Party leadership in both state-owned and private banks and insurers to contain corporate governance risks. The draft rules urged state-owned banking and insurance institutions to …
Trov, the San Francisco-based insurtech company, announced that UFODRIVE, a frontrunner in sustainable car rental, has selected Trov’s Mobility Insurance Platform for its fleet of fully electric vehicles. UFODRIVE will benefit from Trov’s risk operations, combined with context-based commercial insurance, …
A Maine judge will hear arguments in a property boundary dispute that resulted in a Dover-Foxcroft garage being cut in half last year. Gabriel Brawn removed half of the building that he believed was on his land using a Sawzall …
The sister of a student pilot who died in a small plane crash in Connecticut in 2017 has settled a wrongful-death lawsuit against the flight school she accused of failing to maintain the aircraft. Terms of the settlement over the …
AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a-” of the property/casualty subsidiaries and affiliated insurance companies of Kemper Corp., collectively referred …