Lloyd’s of London insurer Amlin plc announced the completion of its acquisition by Mitsui Sumitomo Insurance Co. Ltd., a wholly owned subsidiary of MS&AD Insurance Group Holdings Inc., following receipt of regulatory and legal approvals. MSI has acquired the entire …
Yahoo! Inc. was accused in a lawsuit of manipulating employee performance evaluations to justify firing hundreds of workers in order to meet its financial targets. Gregory Anderson, who was an editor for some of Yahoo’s online news content, claims he …
Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a recent conference. “The most radical view of …
Chubb has announced a group of appointments with immediate effect, which complete the line-up of its new European leadership team. First, there were the executive appointments that were announced late last year: Andrew Kendrick as senior vice president, Chubb Group …
Travel insurance sales for trips to Latin America have surged as vacationers consider scrapping their plans to avoid the rapidly spreading Zika virus, one of the top U.S. providers, RoamRight, told Reuters on Monday. The Maryland-based company, part of insurer …
Take-Two Interactive Software Inc. has been hit with a copyright infringement lawsuit over its depiction of tattoos belonging to National Basketball Association stars LeBron James and Kobe Bryant in a popular video game. In a complaint filed on Monday in …
UK companies and institutions remain vulnerable to cyber attacks despite the fact that many CEOs now rank cyber as one of the top threats to their businesses, warns PwC’s Cyber Security practice. Almost three-quarters (74%) of chief executive officers in …
Marsh has appointed Rob Powell as Claims Advocacy International leader, effective immediately. Based in London, Powell will report to Michael Poulos, global head of Marsh’s Client Advisory Services. Powell joined Marsh in 2014 as a managing director in the International …
Willis Re, the reinsurance business of Willis Towers Watson, announced a strategic partnership with technology company Measure to advance the use of drones within the insurance industry and bring the latest drone technology to Willis Re clients. The integration of …
Glatfelter Commercial Ambulance (GCA) is expanding into several new states. After an initial rollout in Pennsylvania and New Jersey last year, GCA plans to expand to Illinois, Kentucky, Maryland, New York, Ohio and Texas during the first two quarters of …
