MetLife Inc. has filed for a spinoff of a U.S. retail unit after considering alternate plans to sell the business or exit through an initial public offering. At least 80.1 percent of the shares in the unit, Brighthouse Financial Inc., …
Hurricane Matthew has thousands fleeing the U.S. Southeast where it’s expected to batter the coastline and threaten electricity supplies to more than 1 million people in Florida. Potential losses are seen as high as $15 billion. Matthew is pounding parts …
There was a great turnout for the future of the insurance industry this week in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs, investors and insurance executives from around the …
Assurant, Inc., global provider of risk management options, has partnered with website security company GamaSec to help small and medium businesses lower the risk of attacks on their websites. Assurant is providing support for the limited warranty issued by GamaSec …
The Florida Office of Insurance Regulation (OIR) has approved a total of 97,390 policies for December take-outs from Citizens Property Insurance Corporation by the following companies. December 20, 2016 Personal Residential Take-Out Period (total of 95,465): Avatar Property & Casualty …
Drugged driving has overtaken drunken and distracted driving as a factor in Tennessee traffic fatalities. Citing an analysis of Tennessee Highway Patrol data, The Tennessean reports the number of deaths from crashes with drug-impaired drivers leapt by 89 percent from …
Christopher Curtin has joined Everest Insurance as head of Excess & Surplus (E&S) Property. Curtin joins Everest as vice president and National E&S leader, based in the Everest Insurance Boston office. He will be responsible for managing all facets of …
Clothed in the power of the law, the federal government is again suing a Mississippi strip club, saying black strippers should be treated equally when they take it all off. The U.S. Equal Employment Opportunity Commission filed a fresh lawsuit …
Twelve football players and coaches who survived a North Carolina bus crash that killed four people last month are suing the church that owned the bus. Sandy River Baptist Church in Chester County failed to maintain the bus and its …
Zurich Insurance has launched a new approach to deliver insurance coverages for qualified mid-sized energy companies that combines onshore property, casualty, umbrella and inland marine coverages. The new coverage is available for a variety of qualified energy companies, including: onshore …
