Commercial Lines
Argo Activist Shareholder Voce Seeks Special Meeting to Elect New Board Members
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders ...
MS Amlin Reorganizes Operation, Shifts Leadership
MS Amlin, the London-based insurer and reinsurer, is rolling out a new operating model and senior leadership team in response to the recent decision by its parent company, MS&AD, to reorganize ...
Appeals Court Upholds $70M Verdict Against J&J Over Risperdal Side Effects
A Pennsylvania appeals court upheld a $70 million verdict against Johnson & Johnson in a lawsuit charging its Risperdal anti-psychotic drug caused a man to grow female breasts and also ruled that ...
MiddleGame Ventures Raises $165.4M for InsurTech, Other Startup Investments
MiddleGame Ventures, an InsurTech and fintech-focused venture firm, has raised a new $165.4 million fund that will target investments in Europe and North America. The Luxembourg-based operation has ...
InsurTech Cytora, MGA C-Quence Partner to Quicken Commercial P/C Underwriting Processes
Digital managing general agent C-Quence and InsurTech Cytora are partnering to advance broker processes for commercial property/casualty underwriting. C-Quence will launch its P/C line of products in ...
Global Temperature Jumps Could Bring ‘Wide-Ranging’ Consequences: U.N. Report
Global temperatures could rise sharply this century with "wide-ranging and destructive" consequences after greenhouse gas emissions hit record levels last year, international climate experts warned ...
AIG Selling Bulk of Fortitude Re to Carlyle, T&D Holdings for $1.8B
American International Group plans to sell the bulk of Fortitude Re to private equity firm The Carlyle Group and Japanese insurer T&D Holdings for $1.8 billion. Plans call for a newly created ...
Chubb Boosts Stake in Major China Insurer
Chubb Ltd. has increased its investment in one of China's major insurers, reflecting a deeper commitment to penetrating the market there. Chubb said it would purchase another 15.3 percent of Huatai ...