Specialty
Executives On The Move at AIG, Liberty Specialty Markets and Alliant
AIG hired a former pharmaceutical company executive to be its new Chief Human Resources Officer. Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, a former British cyber ...
China Opens Door to More Foreign Investment in Financial Sector
China opened up its financial sector to more foreign investment as the government said it will take targeted measures to cope with rising risks and challenges facing the industry. Foreign investors ...
Equifax Will Fork Over Up to $700M in U.S. Breach Probe Resolution
Equifax Inc. agreed to pay up to $700 million to resolve U.S. federal and state investigations into the 2017 hack that compromised some of the most sensitive information of more than 140 million ...
The Latest Launches From Chubb, Berkshire Hathaway and CFC Underwriting
Chubb added new coverage for the food service industry on its digital platform for small businesses. Berkshire Hathaway GUARD Insurance Companies expanded its commercial automobile product into new ...
Another Opioid Distributor Is Charged Over Its Role in the U.S. Drug Epidemic
An Ohio drug wholesale distributor and two former executives were charged on Thursday with profiting from the U.S. opioid epidemic by selling millions of pills despite signs the addictive drugs were ...
Brexit Can Be Postponed Again if Needed, Germany’s Merkel Says
German Chancellor Angela Merkel said the U.K. should be given more time to leave the European Union if it needs it, as she pointed to a way out of the Brexit impasse that falls far short of what the ...
ProSight Global Discloses IPO Plans
ProSight Global Inc. announced its IPO terms, which include expectations of raising at least $140 million. The specialty insurer said the company's initial public offering would involve more than 8.8 ...
Hamilton Insurance Group Adds ‘Chief Technology Officer’ to Its Ranks
Hamilton Insurance Group Ltd. has added a "chief technology officer" to its roster of executives. Venkat Krishnamoorthy will fill the newly created slot starting on Aug. 5, 2019, reporting to Group ...