Monthly Archives: <span>July 2016</span>

U.S. Expected to Sue to Stop Anthem, Aetna Deals

U.S. antitrust officials are poised to file lawsuits to block Anthem Inc.’s takeover of rival health-insurer Cigna Corp. and Aetna Inc.’s deal to buy Humana Inc., according to a person familiar with the matter. Justice Department officials, who are responsible …

Millennials Don’t Rule the World – Revisited

Recently I wrote an article about Millennials, at least that’s what many assumed. The article actually focused on the mistakes being made in our attempts to entice Millennials to join the insurance industry. Some readers had knee-jerk reactions, and some …

Suit Seeks to Force UK PM to Consult Parliament Before Initiating Britain’s EU Exit

A lawsuit seeking to force Prime Minister Theresa May to consult parliament before beginning Britain’s exit from the European Union will be taken “very seriously” and may reach the Supreme Court by December, Judge Brian Leveson said. “The court takes …

PIMCO Appoints Man Group’s Chief, Roman, as New CEO

Pacific Investment Management Co. named Emmanuel “Manny” Roman as its next chief executive officer, replacing Douglas Hodge, who presided over a tumultuous time that included the departure of Bill Gross and a plunge in assets at the firm. Roman, 52, …

AIG Unleashes New Primary Cyber Policy for Property/Liability Exposures

AIG rolled out a new standalone cyber policy that provides primary insurance protection for a wide range of related risks. The insurance giant is marketing CyberEdge Plus as offering primary protection for property damage, bodily injury, business interruption, product liability …

North Carolina Whitewater Center Releases Water Treatment Plan to Kill Amoeba

A whitewater recreation area in the area of Charlotte, N.C., plans to treat water to kill a potentially deadly microorganism and expel it into a neighboring river after an Ohio teen died of a brain-attacking microorganism. The Charlotte Observer reports …

The Hilb Group Acquires Carrier Insurance Agency in Florida

The Hilb Group, LLC (THG) has acquired Florida-based Carrier Insurance Agency, Inc., continuing its nationwide growth through acquisitions and expanding its regional presence in central Florida. The transaction became effective July 1, 2016. Carrier Insurance has been serving central Florida …

American Integrity in Florida Hires Hendrickson as SVP of Risk Management

American Integrity Insurance has hired Gloria Hendrickson as senior vice president of Risk Management. In her role as senior vice president of Risk Management, Hendrickson will assume responsibility for risk management issues that directly impact the direction of the company. …

U.S. Employers Taking Steps to Help Muslims Feel Safer at Work

More U.S. employers are taking steps to make Muslims feel accepted and safe at work, as their faith comes under scrutiny with the rise in terror attacks and calls by presumptive Republican presidential nominee Donald Trump for a ban on …

Novamar Insurance Launches Yacht Coverage for U.S. Boaters Heading to Cuba

Novamar, a specialist in the marine and yacht insurance segment, now offers a policy for U.S.-flag yachts navigating Cuban waters. Most vessels $50,000 in value or greater are eligible for coverage. Cuba endorsement premiums start at only $500.00. The limit …