AXA announced the death of Stefan Lippe, 65, who has been an AXA Director since 2012, and was the former chief executive officer of Swiss Re Group. Press reports reveal he died of complications from COVID-19. Lippe spent 30 years …
Michael J. Hall, founder of M.J. Hall & Co. and Golden Bear Insurance Co., was a well-respected leader in the admitted and surplus lines industries. Hall, who was 81, died on Tuesday. He established himself early on as an industry …
An Illinois industrial device manufacturer will pay $275,000 and furnish other relief to settle a disability discrimination lawsuit brought by federal officials. In its lawsuit, the U.S. Equal Employment Opportunity Commission (EEOC) alleged IDEC Corporation, unlawfully discriminated when it terminated …
An Alaska Native cultural organization is suing luxury retailer Neiman Marcus, saying the company violated copyright and American Indian arts protection laws in selling a knit coat with a geometric design borrowed from indigenous culture. In the lawsuit filed this …
Pioneer Underwriters, the managing general agency, and K2 Insurance Services LLC, the specialty insurance services holding company, announced they have signed terms for a portfolio transfer, to facilitate K2’s purchase of Pioneer. Under the transaction, Pioneer’s ongoing underwriting portfolio, together …
XPT Partners LLC has acquired Texas-based LP Risk Inc., a full service managing general agency (MGA) and surplus lines broker with a wide range of commercial property/casualty coverages distributed to retail agents through in-house and brokerage markets. Led by Landon …
Severe weather moved through the South on April 23 after killing at least seven people in Oklahoma, Texas and Louisiana, including a worker at a factory hit by an apparent tornado, a man whose car was blown off the road …
Venture Underwriters Inc., a division of Allstar Financial Group, has expanded its Chicago underwriting team to include commercial underwriting veteran Chris Barrow. Barrow joins Chicago office as vice president specializing in commercial general liability. The office will be relocating to …
The Oklahoma House has granted sweeping new powers to the governor to respond to the deadly coronavirus outbreak. The House met in special session and approved the resolution under the never-before-used Catastrophic Health Emergency Act, which gives Gov. Kevin Stitt …
More than 3,500 rental cars were damaged or destroyed in a fire that burned near a Florida airport before being contained late Friday night. The Fort Myers News-Press reports the cars were in a grassy area used as an overflow …