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Interlife General Insurance Company
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Insurance Business America | March 31, 2020
Chef Thomas Keller, whose restaurants collectively hold a total of seven Michelin stars, has filed a suit against his insurer over business interruption claims related to the COVID-19 pandemic. The suit, filed by attorney John Houghtaling against insurer Hartford Fire Insurance Company, requests that the court make a legally-binding decision on whether Keller’s policy allows him to recover business losses sustained in connection to the outbreak. Restaurant Hospitality reported that the law...
Gallagher | February 13, 2020
Arthur J. Gallagher & Co. has acquired Affiliated Benefit Consultants in Oakbrook, IL. Terms of the transaction were not disclosed. Affiliated Benefit Consultants, founded 1986, provides a range of benefits consulting services to clients throughout the US. Following the transaction, Affiliated Benefit Consultants president John Araujo and his associates will continue to operate in their current location under the direction of Gallagher Great Lakes region employee benefits consulting and brok...
AM Best | July 06, 2022
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Hanwha General Insurance Company Limited (HGI) (South Korea).
The Credit Ratings (ratings) reflect HGI’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The rating...
Sompo GRS | February 07, 2020
Sompo International Holdings has announced that Sompo Global Risk Solutions (Sompo GRS) – a specialty provider of P&C insurance and reinsurance – is introducing a comprehensive product for the life sciences market. The new Sompo Life Science Plus offers coverage for various life science products. These include products used in human clinical trials, products loaned or rented to others, representations and warranties made with respect to a named insured’s product, limited co...
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