March 6, 2017
China’s insurance regulator is considering an industry shake-up that could see the biggest and most solvent firms resuming an overseas expansion, while smaller, riskier insurers would come under tighter scrutiny. The plan being discussed would see the China Insurance Regulatory …
March 6, 2017
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced group personal accident, corporate travel and expatriate medical insurance in Singapore and Hong Kong. The company also named Kok Leong Koo as underwriting manager, Accident & Health, based in Singapore, …
March 6, 2017
Standard Life Plc, Scotland’s largest insurer, agreed to acquire Aberdeen Asset Management Plc for about 3.8 billion pounds ($4.7 billion), creating one of Europe’s biggest fund managers. Under the terms, which remain the same since talks were first revealed on …
March 6, 2017
After decades of managing costs for employers, it’s time for workers’ compensation professionals and public policymakers to turn their attention to the needs of injured workers and think of themselves more as players in a broader safety net, workers’ compensation …
March 6, 2017
EPIC Insurance Brokers & Consultants has added Richard Duhe to the firm’s Southeast Employee Benefits Consulting Practice in Atlanta as a benefits consultant and director of EPIC MobileEZ. Duhe has focused for 30 years on assisting clients in a wide …
March 6, 2017
“We didn’t know it was coming.” April Taylor heard that again and again, and she didn’t understand it. Taylor, a social scientist, was working on trauma recovery in DeKalb County in northeast Alabama following the April 27, 2011, tornado super …
March 6, 2017
The Florida Division of Workers’ Compensation has formed an online insurance company database to assist Florida business owners with obtaining workers’ compensation coverage. According to a statement from the Florida Department of Financial Services, the new online database, called the …
March 6, 2017
Florida’s insurance industry will apply significant pressure on lawmakers to pass assignments of benefit (AOB) reform in the upcoming legislative session as consumers face rate increases and a looming coverage availability crisis due to serious and costly abuse of the …
March 6, 2017
Tennessee’s captive insurance market saw a record annual total of 104 risk bearing entities (RBEs) added in 2016, according to data released by the Tennessee Department of Commerce & Insurance (TDCI). The new captives are comprised of 30 pure captives, …
March 6, 2017
In a move sure to shake up Florida’s political landscape, Jeff Atwater, the state’s chief financial officer, resigned Feb. 10 to take a job at Florida Atlantic University. Atwater, a Republican from Palm Beach County, had risen to the rank …