A minor earthquake struck the Southern California high desert on Saturday and was was felt across the region, the U.S. Geological Survey confirmed. The USGS reports the 3.9-magnitude earthquake hit an area about 13 miles northeast of Barstow at 11:34 …
Specialist insurer Tokio Marine Kiln has appointed Charlotte Pritchard as an underwriter within its Special Risks team. Pritchard will focus on all aspects of special risks, including political violence and accelerating the growth of TMK’s terrorism book. She will report …
Axa has confirmed earlier reporting that it has agreed to sell its its operations in Poland, Czech Republic and Slovakia to Austria’s Uniqua Insurance Group. Axa will sell 100% of its life and savings, property/casualty and pension businesses in Central …
The Insurance Council of Australia (ICA) has declared a catastrophe for property losses caused by storms and flooding along the east coast since February 5. Insurers said they have received 10,000 claims with the value of claims estimated at $45 …
Tokio Marine Holdings announced that it has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as Pure Group, which specializes in the U.S. high net worth insurance market. The deal was announced last October. The acquisition price …
A crash between two school buses in east Georgia sent 22 students to a hospital to be checked Thursday morning, school officials said. Further details on their conditions weren’t immediately known. Social Circle City Schools told news outlets the two …
A volunteer team of conservators is working to salvage some of the 85,000 artifacts feared lost in a fire in the heart of Manhattan’s Chinatown. About a third of the collection belonging to the Museum of Chinese in America has …
The Delaware Department of Insurance has analyzed new filings from the state’s top writers of workers’ compensation insurance after announcing the third consecutive year of decreased rates in November. The top writers represent nearly 10,000 companies that hold policies within …
A former Virginia Tech student is suing the university after he was accused of overseeing a ceremony that violated the school’s hazing policy. Darrien Brown alleges the university denied him due process when administrators suspended him for two semesters for …
Investment group Exor, which controls carmaker Fiat Chrysler, is in exclusive talks to sell reinsurer PartnerRe to France’s Covea in a deal one source familiar with the matter said was worth around $9 billion. Exor, the investment vehicle of Italy’s …