Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, has announced that Peter Linke as a new agency owner in Dallas. The Brightway model offers independent agents access to insurance companies. …
Elements of California’s workers’ compensation reform law passed in 2012 may have contributed to the state’s 2013 and 2014 decreases in medical payments per workers’ comp claim, according to a study from the Workers Compensation Research Institute. The study, CompScope …
The management of a Colorado movie theater where 12 patrons were slain in a 2012 shooting rampage could never have foreseen, nor safeguarded against, such a seemingly random but meticulously planned and violent attack, its lawyers said on Wednesday. Towards …
The Bank of England ordered UK banks to detail steps taken to secure computers connected to the SWIFT bank messaging network about two months after a still-unidentified group used the system to steal $81 million from Bangladesh Bank, according to …
Underwriting performance for the commercial lines sector of the U.S. property/casualty (P/C) insurance industry is likely to deteriorate in 2016, according to a new report from Fitch Ratings. The expected decline would come on the heels of three straight years …
Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a reinsurance venture, has cut ties with the asset manager, according to people familiar with the matter. His exit follows a …
A U.S. District judge in Minnesota this week refused to dismiss a lawsuit filed by ex-players accusing the National Hockey League of failing to protect them from head injuries and withholding information about the long-term effect of concussions. The class-action …
On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the face of …
Firms across the financial and related professional services industry need to take urgent action on their cyber risks, which present a “real and present danger” to the financial system, according to a new report published by TheCityUK and Marsh. Only …
XL Group plc announced it has appointed Sean McGovern as chief compliance officer, head of Regulatory & Government Affairs, moving from Lloyd’s of London where he is chief risk officer and general counsel. In this newly created role, McGovern, as …
