American International Group Inc. plans to locate an insurance company in Luxembourg to ensure continued smooth operation of its business across the European Economic Area (EEA) and Switzerland once the United Kingdom leaves the European Union. From 2019, AIG proposes …
Willis Towers Watson has launched Radar 3.0, the latest edition of its pricing software, which includes machine learning approaches for greater pricing sophistication. Building on the last major release of Radar in 2016, Radar 3.0 implements a wider range of …
An interesting article came across my email this morning about legislation seeking to amend McCarran-Ferguson (McCarran-Ferguson solidified the regulation of the business of insurance at the state level, limiting Federal regulation of insurance). H.R. 372 seeks to repeal certain anti-trust …
President Donald Trump threw his weight behind a House Republican plan to replace Obamacare, even as conservatives mounted their own savage attack on the bill, with one Republican senator declaring it “dead on arrival” in the Senate. Trump held a …
The Australian consumer watchdog said on Wednesday it was suing the local Audi unit of Volkswagen AG for intentionally selling more than 12,000 vehicles with software which lied about levels of toxic emissions. This follows a separate suit that the …
Kentucky lawmakers wrapped up work Friday on revising the medical malpractice system by creating panels of medical providers to review claims of error or neglect before cases go to court. The legislation, long a priority of many Republicans, won final …
USI Insurance Services (USI) has acquired Carolina First Associates LLC, an employee benefits insurance advisor located in Hickory, N.C. This acquisition extends USI’s presence as a middle market insurance brokerage and consulting firm in the Southeast region. Carolina First Associates …
North Carolina Insurance Commissioner Mike Causey has announced the arrest of Stacy Dewhite Brown, 50, of Raleigh, N.C. He is charged with one count each of insurance fraud and attempting to obtain property by false pretense. North Carolina Department of …
As Republicans in Congress prepare to repeal and replace former President Barack Obama’s health care law, Kentucky’s current governor and his predecessor are wrestling over the law’s legacy – and both sides claim the state as a case study of …
Thailand’s transport authorities have begun a crackdown on drivers for ride-hailing services Uber and Grab and want the military government to ban them, a transport official said on Tuesday. U.S.-based Uber has faced regulatory hurdles around the world and when …
