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18 05, 2020

Coronavirus Blocks Farm Laborers from Working in UK – in Possible Foretaste of Brexit

By | May 18th, 2020|Uncategorized|Comments Off on Coronavirus Blocks Farm Laborers from Working in UK – in Possible Foretaste of Brexit

Britain’s fruit and vegetable farmers have long dreaded their country’s exit from the European Union, worrying that it would keep out the tens of thousands of Eastern European workers who come every year to pick produce. Now, the coronavirus pandemic …

18 05, 2020

BMS Signs Long-Term Partnership Agreement with Chilean Broker Insurex Re

By | May 18th, 2020|Uncategorized|Comments Off on BMS Signs Long-Term Partnership Agreement with Chilean Broker Insurex Re

BMS Group, the London-based specialist re/insurance broker, announce it has signed a preferred partner agreement with the independent Chilean reinsurance broker and existing trading partner Insurex Re, a company owned by Insurex Group. A long-term business plan has been agreed …

18 05, 2020

Ed Broking Launches E-Trading Platform Called ‘TradEd’ in Bermuda

By | May 18th, 2020|Uncategorized|Comments Off on Ed Broking Launches E-Trading Platform Called ‘TradEd’ in Bermuda

Ed Broking, the London-based reinsurance, wholesale and specialty broker, announced the external launch of its TradEd portals for carriers and clients in Bermuda. TradEd, the e-trading platform that is used in-house by BGC insurance companies* globally, is now available to …

18 05, 2020

The Facts About Supposed ‘Illegal Acts’ Exclusions

By | May 18th, 2020|Uncategorized|Comments Off on The Facts About Supposed ‘Illegal Acts’ Exclusions

Is the Insurance Policy Affected if the Business Opens Against a Governor’s Orders: The Facts About Supposed “Illegal Acts” Exclusions States have gone to war against some municipalities over COVID-19. Executive orders currently in place in many states still bar …

18 05, 2020

Insurance Comparison Website SelectQuote Hopes IPO Will Raise $342 Million

By | May 18th, 2020|Uncategorized|Comments Off on Insurance Comparison Website SelectQuote Hopes IPO Will Raise $342 Million

SelectQuote Inc. said on Friday it was looking to raise about $342 million in an initial public offering that could value the owner of the insurance policy comparison website at more than $3 billion. The company will offer about 18 …

18 05, 2020

Hub Acquires Assets of Massachusetts’ Lashua-LaChance & Poliks Insurance Agency

By | May 18th, 2020|Uncategorized|Comments Off on Hub Acquires Assets of Massachusetts’ Lashua-LaChance & Poliks Insurance Agency

Hub International Limited, a global insurance brokerage, has acquired the assets of Lashua-LaChance & Poliks Insurance Agency Inc. Terms of the transaction were not disclosed. Located in Gardner, Mass., Lashua-LaChance is a locally owned, independent insurance agency that provides personal …

18 05, 2020

Great American Insurance Group Hires Lewis as Divisional Vice President

By | May 18th, 2020|Uncategorized|Comments Off on Great American Insurance Group Hires Lewis as Divisional Vice President

Great American Insurance Group has hired Gordon M. Lewis as a divisional vice president within its Ocean Marine division. Lewis has more than 28 years of experience in numerous lines of business within the marine insurance industry. He joins Great …

18 05, 2020

Investigations Continue Following Blast at Maine Paper Mill

By | May 18th, 2020|Uncategorized|Comments Off on Investigations Continue Following Blast at Maine Paper Mill

The Occupational Safety and Health Administration inspection of the site of a paper mill blast could take several more months. OSHA has until six months after the date it entered the Pixell Specialty Solutions mill on April 17 to complete …

18 05, 2020

China Urges Local Firms to List in London with China Pacific Insurance as One of First

By | May 18th, 2020|Uncategorized|Comments Off on China Urges Local Firms to List in London with China Pacific Insurance as One of First

China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to revive deals under a Stock Connect scheme and strengthen overseas ties in the wake of the coronavirus crisis. The Shanghai-London …

18 05, 2020

AM Best’s Stress Testing Indicates Most Insurers Can Withstand Pandemic Hit

By | May 18th, 2020|Uncategorized|Comments Off on AM Best’s Stress Testing Indicates Most Insurers Can Withstand Pandemic Hit

Analysts at the AM Best ratings firm say their initial stress tests of insurance companies globally to gauge the preliminary impact from the COVID-19 pandemic on their financial strength found good news: “most insurers’ capital levels provided an adequate buffer …