Hong Kong leader Carrie Lam said on Friday that mass testing of residents for coronavirus in the Asian financial hub will begin on Sept. 1, as she warned people not to be complacent despite a steady fall in the number …
The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there a signs of improvement, according to analysts at S&P Global Ratings. S&P notes that the COVID-19 pandemic has already caused …
Morse Insurance Agency Inc. has added industry veteran David Polutchko as its newest commercial lines sales account executive. Polutchko brings more than 22 years of insurance experience to the local independent agency. In his new role, Polutchko is responsible for …
Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired FNL Insurance Group, effective August 1, 2020. For more than 40 years, FNL Insurance Group has been helping clients with their employee benefit …
Randall & Quilter II Holdings Limited has agreed to acquire the entire issued share capital of The World Marine & General Insurance Co. from BHP Group Limited. WMG was incorporated in England & Wales in 1894 and was purchased in …
The New York State Department of Financial Services (DFS) has fined The Signal, LP, an Assurant Company, $2.8 million for failing to comply with New York insurance laws. A DFS press release alleged that The Signal provided inadequate consumer disclosures …
National Weather Service officials on Thursday were trying to determine if a tornado touched down as a severe thunderstorm moved across a portion of New Jersey. Heavy rain and powerful winds sent residents scrambling in the Lincroft section of Middletown …
Direct Insurance Group has appointed Simon England to business development manager for its Lloyd’s broker division, Direct Insurance London Market (DILM). England joins from Compass where he was strategic accounts manager. He has 20 years’ experience as a business development …
Commonwealth Bank of Australia (CBA) said on Friday a class action lawsuit was filed over advice given on life insurance policies issued and recommended by three former subsidiaries. The lawsuit was filed by Shine Lawyers against financial advisors Commonwealth Financial …
The coronavirus pandemic has taken its toll, particularly on younger employees. Gen Z employees – those born starting in 1995 – were three times more likely than all other employees since the pandemic started to have sought professional help for …