Personal Lines
Plane Crash Kills 3 Hilb Group Executives in Insurance Agency Tragedy
The Hilb Group, headquartered in Richmond, Va., has confirmed that three regional executives died in a plane crash near Roatán, Honduras, on Saturday, May 18. Rob Miller, regional leader, Hilb Group ...
Generali Reportedly Looking to Acquire MetLife’s Central European Assets
Assicurazioni Generali SpA is in early talks to buy the Central European assets of MetLife Inc. as the Italian insurer seeks to expand through acquisitions in high-growth markets, according to people ...
Fairfax CFO Bonham Has Died; Varnell Appointed as His Interim Successor
Fairfax Financial Holdings Ltd. announced that, David Bonham, vice president and chief financial officer of Fairfax, died suddenly this past weekend. "The entire Fairfax family mourns the sudden and ...
The Latest Launches From Next Insurance, The Hanover and Selective
Next Insurance recently launched professional liability coverage targeted to its small business client base. The Hanover Insurance Group now offers watercraft insurance. Selective Insurance Company ...
AIG Shareholders Back $21M Pay Package for CEO Duperreault
American International Group Inc said shareholders approved a $21 million pay package for Chief Executive Officer Brian Duperreault during the company's annual meeting on Tuesday. A non-binding ...
Billionaire Covering Morehouse Grads’ $40 Million Student Debt Has Insurance Industry Ties
The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. ...
Nigeria Triples Insurer Capital Requirements
Nigeria increased the minimum capital requirement for insurers more than threefold as the industry regulator seeks to to improve the sector's risk management. Existing companies must comply by June ...
Nationwide, State Auto, Liberty Mutual Contribute to Snapsheet’s New $29M Financing
Snapsheet, a virtual claims technology provider, raised $29 million in new funding, and the growing InsurTech plans to invest its cash infusion into furthering a global expansion. New investors ...