February 28, 2017
The U.S. Chamber of Commerce appealed a Texas federal judge’s ruling upholding a Labor Department’s regulation aimed at putting retirement savers’ interest first on Friday, the latest salvo in the securities industry’s fight against the regulation. Earlier this month, Chief …
February 28, 2017
President Donald Trump sought on Monday to bring the nation’s largest insurance companies on board with his plans to overhaul Obamacare, saying their help was needed to deliver a smooth transition to the Republicans’ new plan. “We must work together …
February 28, 2017
Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired Emergent Network Intelligence (ENI), an innovator in insurance claims efficiency and fraud detection solutions based in Newcastle upon Tyne in the U.K. With the acquisition of …
February 28, 2017
European Union countries should test bank defenses against cyber attacks using a common set of requirements, a senior EU official said on Tuesday, as the bloc plans measures to boost the retail market for financial products. Cyber attacks against banks …
February 28, 2017
The number of laser attacks on aircraft is still “dangerously high,” although incidents are down slightly from 2015, said the British Airline Pilots’ Association (BALPA). BALPA was commenting on data released this week from the UK’s Civil Aviation Authority (CAA), …
February 28, 2017
Arch Reinsurance Ltd. has created an entity to handle its underwriting in the Gulf region and eventually replace the role Gulf Re plays in its business there, a few years after it fully acquired the struggling reinsurer for this purpose. …
February 28, 2017
Vanderbilt University Medical Center officials say the hospital has had a security breach where two employees accessed medical records of more than 3,000 patients. The Tennessean reports the hospital has sent out letters to patients whose personal information was inappropriately …
February 28, 2017
A Maserati is missing after police say a man conned a salesman during a test drive. Police in Boca Raton, Fla., say 45-year-old Michael McGilvary II went to a dealership to test drive a $150,000 Maserati GranTurismo. He and a …
February 28, 2017
Florida now has legislation backed by the top Florida insurance regulator and the industry that promises to curtail homeowners insurance abuse under the assignment of benefits (AOB) feature. Senate Bill 1038, filed Feb. 17 by State Sen. Dorothy Hukill and …
February 27, 2017
American International Group Inc.’s directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm’s turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. Fifteen directors are …