Wholesale specialty insurance broker AmWINS Group Inc. has announced new hires and promotions to its Specialty Logistics and AmWINS Access Personal Lines and Commercial teams, as well as several new branch leaders. Herman Cruz has joined AmWINS Specialty Logistics Underwriters, …
Theresa May gambled on a desperate bid to get her Brexit deal approved by Parliament, as a standoff with the European Union drove Britain to the brink of an economically disastrous no-deal divorce. The premier heads to the European Council …
SCOR Global P&C announced the following reinsurance appointments, effective April 1, 2019: Michel Blanc has been promoted to CEO of Reinsurance, following Jean-Paul Conoscente’s appointment as CEO of SCOR Global P&C with effect from April 1, 2019. Blanc currently serves …
Volvo Cars is planning to fit its next generation of autos with cameras and sensors that will detect drunk or distracted drivers and intervene to stop dangerous rides. From the early 2020s, Volvos will have the ability to notice if …
Mike McGavick’s turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. “First, cost has got to come down. It’s absurd that approximately 60 cents on every dollar is what the customer gets …
The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the turnarounds he led at XL Group …
Minnesota motorists would be required to use hands-free devices when talking on the phone while driving under a bill that passed the state House on Monday night, after sponsors said the measure will cut down on distracted driving and save …
Georgia’s timber industry is facing many headwinds as it seeks to recover from the severe damage wrought by Hurricane Michael late last year. The storm erased three-quarters of a billion dollars in timber, The Columbus Ledger-Enquirer reported. Aside from Hurricane …
The National Weather Service has confirmed a 16th tornado from an outbreak that left damage across Alabama last week. Forecasters say a small twister with winds of up to 65 mph (105 kph) was on the ground for a little …
Lyft Inc. executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company’s initial public offering set for next week. Reducing …
