Police across Wisconsin have ramped up efforts to stop aggressive driving by writing more speeding tickets. The strategy is appearing to work, as citations increased nearly 7 percent in 2015, to more than 172,000, the Wisconsin State Journal reported. Before …
The Minnesota Department of Transportation is testing the use of drones to inspect bridges. Transportation officials expect the technology will save money and provide another perspective on how the state’s bridges are holding up. The drone allows inspectors not only …
EPIC Insurance Brokers & Consultants has named Adam Frugoli vice president of its health care strategy group. He will divide his time between EPIC’s Idaho Falls, Idaho and Sacramento, Calif., offices. Frugoli will be responsible for new business development, program …
Health insurers Aetna Inc. and Humana Inc. walked away from their $34 billion merger deal on Tuesday, after a U.S. judge ruled in January the combination would stifle competition in the private Medicare Advantage program for retirees. After the Jan. …
Bermuda-based AXIS Capital Holdings Ltd. announced that John “Jay” Nichols has resigned from his position as chief executive officer of AXIS Re. Nichols has agreed to remain with the company in a transitional role until March 31. AXIS has named …
Relatives of three people who died when the sand at a New Jersey beach gave way beneath their feet begged a judge to permanently close the beach, saying it’s only a matter of time before someone else dies there. Relatives …
Miller Insurance Services has expanded its facultative property team with the appointment of experienced broker and producer Damian Richards. Richards will work with the team in London and colleagues across Miller to develop tailored facultative reinsurance solutions for its clients, …
Almost a dozen years ago, then-New York Attorney General Eliot Spitzer filed a fraud lawsuit against former American Insurance Group Inc. CEO Maurice “Hank” Greenberg over two reinsurance transactions that purportedly gave an improper boost to the company’s financial statements. …
The Insurance Council of Australia (ICA) has declared an insurance catastrophe for bushfires that have destroyed homes, stock and other assets across New South Wales, providing an initial insured loss estimate of at least A$20 million (US$15.3 million). That figure …
Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according to findings from the 20th annual “PwC Global CEO Survey.” PwC polled 95 insurance CEOs from 39 countries, who expect …
