The U.S. Supreme Court on Friday agreed to hear an appeal by energy companies including BP PLC, Chevron Corp., Exxon Mobil Corp. and Royal Dutch Shell PLC contesting a lawsuit by the city of Baltimore seeking damages for the impact …
UK insurance company Liverpool Victoria said it’s in exclusive talks with Bain Capital LP over a potential deal. The company, known as LV=, began a strategic review in June that included the possibility of a full or partial sale. “Discussions …
Jason Harris has joined QBE Insurance this month to take on the role of chief executive officer, International Division, which includes European Operations. He will succeed Richard Pryce who will retire from QBE during Q1 2021, a plan that was …
Westland Insurance Group Ltd. announced it has acquired two brokers, based in Alberta, Canada, effective October 1, 2020. Ironside Insurance Brokers is a family-owned brokerage located in Carstairs, Alberta. Its professional insurance advisors are experts in residential, auto, life, travel, …
SCOR Global P&C is making a number of changes to its organizational structure to be more responsive on a regional basis, according to SCOR Global P&C CEO Jean-Paul Conoscente, who sent a message to clients on Friday, Oct. 2. “We …
Insurers have succeeded in dismissing COVID-19 business-interruption lawsuits in 17 out of 23 cases heard so far, with a growing number of judges finding that some tangible alteration of a property is required to trigger coverage under commercial property policies. …
A court last week approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U.S. history. …
Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability insurance and related risk management services. Hunt Jorgensen LLC is headquartered in Maywood, …
CMIC Group has rebranded as Integris Group and reorganized into a mutual insurance holding company, after having received approval by the Connecticut Insurance Department on September 17, 2020, as well as from the CMIC Group board and its membership. In …
A Virginia General Assembly bill is likely dead for the session that would have held localities accountable for damages caused by protesters if an adequate police response was not provided. Del. Mark Cole, R-Fredericksburg, said he proposed House Bill 5026 …