The New Jersey Department of Banking and Insurance is investigating the marketing and sale in New Jersey of insurance sponsored by the National Rifle Association for potential violations of state insurance laws. The Department is examining Overland Park, Kansas-based Lockton …
The UK could see a surge in subsidence due to the prolonged spell of hot and dry weather across the country, according to Sedgwick, a London-based provider of technology enabled risk, benefits and integrated business solutions. Based on the company’s …
Cincinnati Financial Corp. announced that Jacob F. Scherer Jr., chief insurance officer and executive vice president of its lead subsidiary, The Cincinnati Insurance Co., plans to retire in August 2019. The company also announced his replacement and other leadership changes …
The Massachusetts Supreme Judicial Court has ruled that Steward Carney Hospital does not have a duty of care after a patient released from an involuntary psychiatric commitment fatally stabbed his neighbor. The court found the order of civil commitment to …
The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators stockholders will receive $70.00 per share in cash upon …
Guy Carpenter & Co., the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Cos., announced a multi-year, global strategic partnership with Reynolds Porter Chamberlain Consulting (RPCC) to license and develop proprietary applications to run within …
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a new study from U.K.-based Juniper Research. The study found that while insurtech enables rapid transformation of …
Engineering experts determined in February that corrosion of the metal cables supporting the Genoa highway bridge had reduced the bridge’s strength by 20 percent – a finding that came months before it collapsed last week, Italian media reported Monday. Despite …
Have you ever gotten an email with the subject line “You Need Search and Rescue Insurance”? Yeah. I hadn’t either; until last week. Seems we have an adventurer in our office and he has what he calls search and rescue …
The cost of Uber Technologies Inc.’s sexual harassment scandal is now itemized: 56 current and former employees who filed claims stand to collect an average of $33,928.57. In addition, almost 500 female and minority engineers covered by a 2017 class-action …
