American International Group (AIG) said it has hire Christine Williams to be head of global client and broker relationships. Williams will begin this new role at AIG on Sept. 1 and report to Jon Hancock, CEO of AIG’s General Insurance …
Western Europe is bracing for the summer’s third major heat wave, fueling dangerous wildfire conditions and straining power systems across the region. A high-pressure weather system is set to bring heat wave conditions this week to France, southern England and …
Insurance broker Hub International Holdings Inc. is seeking to raise about $3 billion in its initial public offering, according to people familiar with the matter. The Hellman & Friedman-backed company is targeting going public as soon as this year, some …
Precious few U.S. corporations have been in business for two centuries. Among them are King Arthur Flour (1790), CIGNA (1792), Jim Beam (1795) and Brooks Brothers (1818), although the storied suit-maker entered bankruptcy proceedings in 2020 due to a plunge …
Shepherd Insurance announced the appointment of Collin Hill as the company’s first-ever chief information officer (CIO), a new leadership role created to support Shepherd’s continued growth and commitment to operational excellence. Hill brings more than two decades of technology and …
SquareTrade Europe, an Allstate company, has launched a new licensed insurer, SquareTrade Europe Insurance, headquartered in Brussels. SquareTrade said the move will strengthen its ability to design, launch and scale protection solutions more quickly across Europe, marking a significant step …
The insurers of the Nord Stream pipelines don’t have to pay €580 million ($662 million) after a judge ruled that the sabotage of the pipes bringing Russian gas into Europe was the consequence of the war in Ukraine. Nord Stream …
At least eight ships controlled by Japan’s Mitsui OSK Lines Ltd. are heading out of the Strait of Hormuz using a route close to Iran, including some of the last trapped oil tankers to exit the waterway. The vessels include …
In legislative hearings after last year’s July 4 floods, the state’s emergency management chief made some recommendations to state lawmakers. They included empowering the agency to vet volunteers who show up after disasters and establishing clearer guidelines for local officials …
Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third-party suppliers to its financial sector, bringing them under direct regulatory oversight. The move is aimed at strengthening the resilience of financial firms by reducing the risk …