The stricken Iranian oil tanker in the East China Sea could burn for as long as one month, South Korea’s Ministry of Oceans and Fisheries told Reuters on Wednesday, as the blaze raged for a fourth day following a collision …
Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The acquisition will strengthen the competitive position of Allianz …
Prime Minister Theresa May has appointed a former management consultant John Glen as the new City minister to oversee a financial services sector facing upheaval as Britain prepares to leave the European Union. Glen, whose formal title is economic secretary …
Women occupied only around 9 percent of top management jobs in Germany’s finance industry in 2017, and the pace at which the gender gap is narrowing has slowed in recent years, according to a study on Wednesday. Only one of …
The judge overseeing U.S. cities’ and counties’ lawsuits against makers of opioid painkillers said he hopes a sweeping resolution can be worked out by the end of the year that will have a “meaningful impact” on the burgeoning drug epidemic. …
Ratings firm A.M. Best said it is maintaining its 2018 outlook for the U.S. property/casualty reinsurance sector at negative, citing the “pronounced pressure on U.S. property catastrophe rates as the alternative capital market presence in the property catastrophe space continues …
Uber Technologies Inc. agreed to pay up to $3 million to settle a proposed class-action lawsuit brought on behalf of 2,421 drivers in New York who accused the ride-sharing company of docking excessive fees from their fares. A preliminary settlement …
A Florida appeals court has sided with the state’s insurance regulator in rejecting policy language filed by a Florida homeowners insurer to restrict the use of assignment of benefits. The decision could have a significant impact on the Florida insurance …
The Iroquois Group announced that Joya Schoolcraft has joined the company as its second regional manager for Florida. Schoolcraft has been associated with Iroquois in various capacities for several decades. In 1992, she began working for an Iroquois Member Agency …
Insurance underwriter Aubrie Hoopingarner says she wound up working in insurance the same way many people in the industry start their careers, she “kind of stumbled into it!” Now, nearly a decade into a successful career with Portage, Michigan-based managing …
