Assurant Inc. has officially decided it will exit the health insurance market to focus instead on its housing and lifestyle specialty protection products. The firm has reached an agreement to sell its Assurant Health supplemental and small group health lines …
The Main Street America Group announced Dave Medvidofsky has been appointed vice president of human resources. He replaces Toni Porterfield, who has retired from the organization after leading the human resources function since 2004. Medvidofsky, who has been Main Street …
The odds that a weather-changing El Nino will last until the Northern Hemisphere’s next winter are increasing, though it’s too early to say if it will provide drought relief across California, the U.S. Climate Prediction Center said. There is an …
The number of vehicles on U.S. roads with potentially defective Takata air bags appears to be less than half the 34 million initially estimated by federal regulators, according to a Reuters analysis of recall records submitted to the watchdog and …
George Rawlings grabs a stack of computer printouts and stretches them six feet across his office, admiring data from police reports of Florida auto accidents: the names of those hurt and the severity of their injuries. For Rawlings, this information …
As companies such as Google Inc., Mercedes- Benz and Volvo Cars race to develop vehicles that are smart enough to drive themselves, even the most sophisticated systems will sometimes be no match for human error. In a recent incident, a …
Willis Group Holdings plc announced its agreement to acquire Elite Risk Services Limited of Taiwan. The bulletin said the “move almost doubles the size of Willis’s existing business in Taiwan and strengthens its client offering to larger accounts, particularly in …
Third Point Reinsurance Ltd., co-founded by hedge-fund manager Dan Loeb, said the company is positioned to withstand competition from other investment firms because the industry isn’t as easy to enter as some people think. Fund managers “have a lot of …
Tokio Millennium Re (TMR), the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd., announced that Hans-Peter Gerhardt has been appointed to its Board of Directors as an Independent Non-Executive Director. TMR’s Board Chairman Ian …
The Zurich Insurance Group announced that Cecilia Reyes, currently Chief Investment Officer and Regional Chairman of Asia Pacific, will become Chief Risk Officer, effective July 1, 2015, succeeding Axel P. Lehmann. Urban Angehrn, currently Head of Alternative Investments, will become …
