U.S.
Global Insurers Flock to Luxembourg, Prepping for Post-Brexit Operations
More than 20 major international institutions chose to set up all or part of their activities in Luxembourg last year, the country's financial development agency said on Thursday, linking the ...
Chubb Won’t Cover Harvey Weinstein’s Legal Defense
Insurer Chubb Ltd is refusing to pay for Harvey Weinstein's legal defense against 11 lawsuits that accuse the movie producer of sexually harassing or assaulting women over the past three decades, ...
Wells Fargo, Ex-CEO Fail to Squash Shareholder Lawsuit Over Fake Accounts
A federal judge denied Wells Fargo & Co.'s request to dismiss a shareholder lawsuit triggered by the bank's plummeting stock price after it admitted in 2016 to creating millions of fake accounts, ...
AmTrust Will Go Private; Deal Involves CEO Zyskind, Stone Point Capital
AmTrust Financial Services has sealed a deal to become a private company, after first disclosing plans to do so in early January. "This transaction represents an exciting step forward for AmTrust, ...
JLT Buys U.S. Broker Focused on Political Risk
Jardine Lloyd Thompson Group plc, a specialist insurance and reinsurance broker, bought up a U.S. competitor that specializes in political risk. Neither JLT or its acquisition target, International ...
Executives On The Move at Erie Insurance, GEICO and Grange Insurance
Erie Insurance named five of its IT leaders to new executive roles. GEIO promoted two rising executives. Grange Insurance appointed a Visa executive to its board of directors. *** Erie Insurance ...
The Latest Launches From Next Insurance and QBE North America
Startup Next Insurance is now marketing digital insurance policies for personal trainers through two sports and fitness associations. Specialist insurer QBE North America added data breach planning ...
Cyber Insurance Startup Coalition Raises $10M
San Francisco-based insurance startup Coalition has raised $10 million in new financing. The company, which launched in late 2017, sells cyber insurance and offers cybersecurity tools to small and ...