28 12, 2020

After Year’s Best IPO, Lemonade Insider Selling Lockup Expiration May Pressure Stock

By | December 28th, 2020|Uncategorized|Comments Off on After Year’s Best IPO, Lemonade Insider Selling Lockup Expiration May Pressure Stock

The best-performing listing of 2020 is poised to enter the new year with extra volatility after insider selling restrictions expire this week. Insurance provider Lemonade Inc. is trading more than 350% above its July 1 initial public offering price, the …

28 12, 2020

Insurance Journal’s Top 10 (+1) Most Read Stories of 2020- National Region

By | December 28th, 2020|Uncategorized|Comments Off on Insurance Journal’s Top 10 (+1) Most Read Stories of 2020- National Region

There were, of course, recurrent topics and themes– from the coronavirus to business interruption to cyber to acquisitions to the Trump Administration to hurricanes — that dominated property/casualty insurance national news in 2020. At the same time, certain individual national …

28 12, 2020

Philadelphia Insurance Promotes Pottle to Chief Strategic Operations Officer

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Philadelphia Insurance Companies (PHLY) has promoted Bob Pottle to executive vice president and chief strategic operations officer (CSOO). The CSOO role is a newly created position that will use Pottle’s 34 years of leadership and experience at PHLY to enhance …

28 12, 2020

Insurance Journal’s Top 10 Most Read Stories of 2020: East Region

By | December 28th, 2020|Uncategorized|Comments Off on Insurance Journal’s Top 10 Most Read Stories of 2020: East Region

Here’s a look back at Insurance Journal’s most read stories of 2020 for the East region, based on readership metrics: 1. Proposed N.J. Bill Would Require Insurers to Pay COVID-19 Business Interruption Claims A proposed New Jersey bill in March …

28 12, 2020

SynchronoSure, American European to Offer General Liability for Small Trucking Firms

By | December 28th, 2020|Uncategorized|Comments Off on SynchronoSure, American European to Offer General Liability for Small Trucking Firms

Synchrono Group, doing business under SynchronoSure, and American European Insurance Group (AEIG) have expanded their partnership to include trucker general liability insurance for small trucking companies. SynchronoSure will underwrite and administer the business on behalf of AEIG ultimately in 14 …

28 12, 2020

What Will Brexit Trade Deal Mean for City of London?

By | December 28th, 2020|Uncategorized|Comments Off on What Will Brexit Trade Deal Mean for City of London?

LONDON – Britain, which left the European Union in January, loses full access to the bloc under transition arrangements that end at 2300 GMT on Dec. 31. The 27-nation EU is Britain’s biggest financial services customer, worth about 30 billion …

28 12, 2020

China Pushes for Restructuring of Ant Group in Latest Blow to Founder Ma

By | December 28th, 2020|Uncategorized|Comments Off on China Pushes for Restructuring of Ant Group in Latest Blow to Founder Ma

BEIJING – China’s central bank disclosed on Sunday it had asked the country’s payments giant Ant Group Co Ltd. to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack …

28 12, 2020

Insurance Journal’s Top 10 Most Read Stories of 2020: Southeast Region

By | December 28th, 2020|Uncategorized|Comments Off on Insurance Journal’s Top 10 Most Read Stories of 2020: Southeast Region

Here’s a look back at Insurance Journal’s most read stories of 2020 for the Southeast region, based on readership metrics: 1.) Florida Supreme Court Suspends Attorney Behind Thousands of Insurer Lawsuits Florida attorney Scot Strems was suspended by the Florida …

28 12, 2020

Insurance Journal’s Top 10 Most Read Stories of 2020: International

By | December 28th, 2020|Uncategorized|Comments Off on Insurance Journal’s Top 10 Most Read Stories of 2020: International

The top international news story of 2020 was the announcement in March of Aon’s proposed merger with Willis Towers Watson. The subject was of such interest to international readers that four of the 15 most-read articles involved the Aon-WTW merger. …

28 12, 2020

Argo Group Agrees to Sell Its Italian Business

By | December 28th, 2020|Uncategorized|Comments Off on Argo Group Agrees to Sell Its Italian Business

Argo Group International Holdings Ltd., a Bermuda-based underwriter of specialty insurance products, announced an agreement to sell its Italian operations, ArgoGlobal Assicurazioni S.p.A (AGA) to Perfuturo Capital AG, a Swiss holding company. Perfuturo is fully owned by Philantra Holding AG …