January 23, 2018
Business leaders have criticized Britain’s government for its failure to publish a long-delayed paper on the future of its financial services industry after Brexit. Senior financiers say they were told after the summer that the government would issue a position …
January 23, 2018
American International Group Inc. is getting bigger again. Eight months after Chief Executive Officer Brian Duperreault took over and began to undo his predecessor’s retrenchment strategy, the company announced a $5.56 billion, all-cash deal to purchase Bermuda reinsurer Validus Holdings …
January 23, 2018
Five years ago, when she was still an insurance broker with Marsh, Kate Sampson called insurance underwriters at American International Group (AIG) and other insurers with a new concept. “I’m working with this company and this is what they’re going …
January 23, 2018
A West Virginia board report says state pharmacies dispensed 31 million fewer controlled substances last year, a trend the board’s acting chief says is due to heightened awareness about prescription medication overdose deaths. The Charleston Gazette-Mail reports the decline was …
January 23, 2018
Good2Go Auto Insurance, Inc., has partnered with mobile software provider LifeSaver to fight distracted driving. Good2Go Auto Insurance’s direct policyholders now have access to the The LiveSaver mobile app to help ignore the urge to use their phones while driving. …
January 23, 2018
ProAssurance Corporation, based in Birmingham, Ala., has promoted Edward L. “Ned” Rand, Jr. to chief operating officer. In this newly created position, Rand will be responsible for the day-to-day operations of ProAssurance, reporting directly to Stan Starnes, chairman and chief …
January 23, 2018
Regions Insurance, an affiliate of Regions Bank, has named Mike Breedlove executive vice president of Property & Casualty Operations. Breedlove will be responsible for leading the company’s property & casualty strategy across the country through a growing network of offices …
January 22, 2018
Drilling contractor Patterson-UTI said some of its employees were missing on Monday after a fire at one of its drilling rigs in Pittsburg County, Oklahoma. The company said it had activated its emergency response systems and was cooperating with first …
January 22, 2018
NFP has named Clint Wadsworth vice president for corporate benefits. Wadsworth has been assigned to oversee and help lead the corporate benefits strategy within NFP’s existing large employer segment. Wadsworth will also help support NFP’s relationships in the Utah Market. …
January 22, 2018
Pulford Insurance Agency has been acquired by Leavitt Central Coast Insurance Services. The merger will not affect customer policies, and the same personnel will continue to serve clients, now at the LCCIS location in Salinas, Calif. Terms of the deal …