News
Executives On The Move at Chubb, Starr Companies and Grinnell Mutual
Chubb appointed a new executive to lead its U.S. Major Accounts/Property arm. Starr Companies named its latest president and chief executive officer for Starr Insurance Holdings. Grinnell Mutual has ...
EU Wants Post-Brexit Trade Deal in Place by January 2021
The European Union expects the U.K.'s post- Brexit transition period to last until the end of 2020 and is aiming for a trade deal to kick in immediately after that, according to a European Commission ...
Deadly Amtrak Crash at 50 MPH Over Limit Rekindles Safety Debate
The deadly Amtrak crash in Washington state marked the railroad's third fatal accident in as many years, putting the passenger rail operator under fresh scrutiny less than a month after safety ...
Offshore Oil Workers Allege Safety Lapses in Gulf of Mexico Platform Fire Suit
Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly received during a Nov. 8 fire on a U.S. Gulf of ...
Travelers to Launch Dublin Subsidiary for Post-Brexit Business
Travelers will create a European subsidiary in Dublin in order to serve its customers in a post-Brexit market, the insurer disclosed. Travelers Europe announced it will launch the subsidiary in the ...
Lemonade Secures $120M in New Financing to Fuel Global Expansion
Digital insurer Lemonade Inc. announced a $120 million Series C funding round it will use to help accelerate a global expansion in 2018. SoftBank Group led the round, joined by existing investors ...
Berkshire Hathaway’s Stock Hits $300,000 for the First Time
Berkshire Hathaway Inc's stock price touched $300,000 for the first time on Monday, reflecting investors' confidence in Warren Buffett's conglomerate despite four straight quarters of lower operating ...
Navigators Eyes EU Expansion Through $41.2M Planned Purchase of Belgian Specialty Insurer
The Navigators Group agreed to pay $41.2 million for Belgian specialty insurer ASCO and a connected insurance underwriting agency, a transaction that will help expand its specialty insurance business ...