Wells Fargo plans to wind down its personal lines business by early next year, bringing an end to the embattled bank’s play in the insurance broking space.
WR Berkley has reshuffled the leadership of two of its subsidiaries, moving the president of Continental Western Group to the same role at Berkley FinSecure.
A Pennsylvania judge has temporarily blocked a plan by the state’s governor to seize $200mn from the Pennsylvania Professional Liability Joint Underwriting Association to fill a hole in the budget.
WR Berkley has launched its personal lines platform for high net worth (HNW) clients Berkley One in Illinois a year-and-a-half after unveiling the unit.
