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The global insurer's risk group was named "Large Broker of the Year" for the third year in a row at the Australian Insurance Industry Awards.
RSA Insurance Group agreed to sell the insurance businesses of its branches in Singapore and Hong Kong to Allied World Assurance for about $216 million in cash as it retreats from markets.
Louisiana has filed suit against State Farm Insurance, claiming the insurers Select Service and Parts Trader services illegally manipulated markets by controlling rates and strong-arming repair shops to use unsafe used or recycled auto parts.
Louisiana has filed suit against State Farm Insurance, claiming the insurers Select Service and Parts Trader services illegally manipulated markets by controlling rates and strong-arming repair shops to use unsafe used or recycled auto parts.
QBE Insurance Group Ltd. plans to raise about $750 million in a share placement and sell assets including part of its lenders mortgage insurance business in Australia after reporting an 18% drop in earnings.
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