Allstate Corp. hired solely banks owned by minorities, women or veterans for its bond sale, in the biggest corporate deal yet managed only by diverse firms. The insurer enlisted Loop Capital Markets, Academy Securities, Samuel A. Ramirez & Co., Siebert …
Crest Insurance Group LLC of Scottsdale, Ariz., has promoted Yvonne Baldwin to senior vice president of personal lines. Baldwin joined the firm in 1984 following her time with Mueller and Associates. Crest has offices in throughout Arizona as well as …
The Kentucky Associated General Contractors Self-Insurers’ Fund, a workers’ compensation insurance provider in the state of Kentucky, will return more than $18.5 million, including special fund tax reimbursement, in dividends to qualifying members in March of 2021. The board of …
Bidding to slow surging coronavirus cases and deaths in Kentucky, Gov. Andy Beshear announced new restrictions Tuesday on in-person gatherings at restaurants, schools and event venues. “I don’t take this lightly – I know this will cause some more harm …
More than three weeks after Hurricane Zeta barreled across the Southeast and left destruction in its wake, Alabama is still waiting on a federal disaster declaration and the emergency relief that comes with it, according to state and federal agencies. …
West Virginia officials announced a $101.3 million settlement last month in an antitrust suit against 11 asphalt and paving companies the state accused of cornering the market and driving up project costs. “We’re ending sweetheart deals all across West Virginia,” …
Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full departure from the European Union next month. “We’ll make a series of recommendations for how the government, public bodies and …
Reinsurance company Swiss Re said it was committed to a stable or increasing dividend as it confirmed its financial targets on Friday despite the coronavirus pandemic that has pressured the industry. The reinsurer has swung to a loss in the …
The European Union warned that the UK hasn’t moved sufficiently to overcome the three main obstacles to a post-Brexit trade deal as three of the bloc’s leaders called for contingency plans to be stepped up in case one isn’t reached. …
JOHANNESBURG – Santam on Friday it will appeal against a court ruling that found South Africa’s largest non-life insurer liable to pay a client’s claim related to the coronavirus lockdown. Like insurers around the world, Santam has been battling with …