August 9, 2018
Hub International Limited, a global insurance brokerage, has acquired the assets of Kilbride & Harris Insurance Services LLC. Terms of the acquisition were not disclosed. Located in South Portland, Maine, Kilbride & Harris provides multi-line insurance solutions, including medical malpractice, …
August 9, 2018
After three banner years, the U.S. workers compensation market will face increasing pricing pressure and an erosion in results heading into next year. That means 2019 will be closer to a break-even combined ratio rather than a profitable one, Fitch …
August 9, 2018
Washington D.C. business owners joined Assurance on August 6, 2018, at its new office location in Arlington, Va., to celebrate the independent insurance brokerage’s official move into the Mid-Atlantic region. Assurance recently moved into the region with a goal to …
August 9, 2018
Investigators in China have begun recalling defective vaccines produced by a Chinese drugmaker from domestic and overseas markets, health authorities said. Investigators found Changchun Changsheng Life Sciences Ltd. had blended expired fluids in its vaccines and falsified records from as …
August 9, 2018
The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health Corp.’s plan to buy insurance provider Aetna Inc., saying the deal could result in higher prices for prescription medicines. The AMA …
August 9, 2018
The third transitional period for New York’s first-in-the-nation cybersecurity regulation for all Department of Financial Services (DFS) regulated entities ends on September 4, 2018. Beginning on September 4, banks, insurance companies and other financial services institutions regulated by DFS are …
August 9, 2018
The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a …
August 9, 2018
The Treasury Department has moved to clear up some confusion in the Trump tax cut law by proposing that the full 20 percent deduction for pass-through businesses be made available to a broad spectrum of small businesses, including insurance agents …
August 9, 2018
Hub International Ltd., the Chicago-based insurance broker, has acquired Canada’s Blackstone Insurance, Benefits & Bonding Inc. Terms of the acquisition were not disclosed. Headquartered in Saskatoon, Saskatchewan with an additional office in Regina, Blackstone Insurance is a Commercial Insurance and …
August 9, 2018
Ping An Insurance (Group) Co. is considering buying Prudential Plc’s Asia business, people familiar with the matter said, a deal that would reshape Asia’s booming insurance industry and mark the biggest-ever Chinese acquisition. Ping An has sounded out the Chinese …