Global insurance services firm H.W. Kaufman Group and its subsidiary Burns & Wilcox, a North American wholesale insurance broker and underwriting manager, have announced numerous leadership promotions. Twenty-three insurance industry associates across 15 locations in the United States and Canada …
The Surplus Lines Stamping Office of Texas (SLTX) says it recorded $513.68 million in Texas excess and surplus lines insurance premium in November 2019. This total continues the year’s trend of each month in 2019 setting record highs for that …
The day after Argo Group International Holdings announced CEO Mark Watson III was retiring “immediately,” investors seemed ecstatic, driving the company’s stock price up 5.6 percent on Nov. 6. Watson’s departure as CEO is a good thing for the bigger …
Fighting climate change will cost companies worldwide nearly $2.5 trillion over the next 10 years, according to an estimate by Allianz SE. The German insurer analyzed the most important measures currently enacted or under discussion to rein in global warming …
Global insurance broker Marsh has appointed Reid Sawyer as U.S. Cyber Risk Consulting leader. In this newly created role, Sawyer will lead the strategy and delivery of Marsh’s cybersecurity consulting services in the U.S., working with Marsh’s cyber insurance brokerage …
Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its global surety team with the addition of Andrew Adams as head of Surety in Canada. In this new role, Adams will establish and expand BHSI’s contract and commercial surety relationships …
A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping hundreds of thousands of cartons of untaxed cigarettes, but reduced its payout for damages and unpaid taxes to about $97.6 …
Johnson & Johnson said on Tuesday that recent tests showed that Johnson’s Baby Powder was free of asbestos, after U.S. Food and Drug Administration investigations reported trace amounts of the material in the product earlier this year. A total of …
Paula Lawlor was sifting through piles of internal General Motors Co. documents in a hotel room outside of Los Angeles when she hit pay dirt: Company records showing that GM knew for years that stronger roofs on its vehicles could …
Catalina Holdings (Bermuda) Ltd., the legacy re/insurance specialist, has reached an in principle agreement to acquire Asia Capital Reinsurance Group Pte. Ltd. (ACR), a Singapore-based reinsurance business. The acquisition is expected to close in the first half of 2020, subject …