Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT). “Today marks the beginning of a new era with Marsh & McLennan and JLT coming together. This is a combination of strength and …
Scientists are sending additional sensors to south Alabama and the Florida Panhandle with aims of solving the mystery of what caused a spate of recent earthquakes. Five earthquakes have been detected in the region within a three-week span. Government researchers …
The North Carolina Rate Bureau has reached a settlement with the North Carolina Department of Insurance to raise personal auto insurance rates by 1.6 percent, according to a statement by NCDOI. The NCRB, which is not a part of NCDOI …
At least 1 million acres (405,000 hectares) of U.S. farmland were flooded after the “bomb cyclone” storm left wide swaths of nine major grain producing states under water this month, satellite data analyzed by Gro Intelligence for Reuters showed. Farms …
The total settlement value of securities class actions rose sharply to $5 billion in 2018, driven by five settlements of at least $100 million, according to a report by Cornerstone Research. The report, Securities Class Action Settlements—2018 Review and Analysis, …
Mainly due to above-average catastrophe losses, the aggregate financial performance of U.S. publicly traded property/casualty insurers deteriorated slightly in 2018, according to a new A.M. Best special report. The catastrophe losses counteracted gains from the implementation of tax reform, according …
APRIL 1, 2019 — An insurance company that says it wants to simplify insurance has whittled its personal insurance policies for families down to three words. The new product, named TriWord, bundles property and casualty coverages for auto, home and …
EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has added two senior vice presidents in its Atlanta office. Chris Knight has joined EPIC’s growing Integrated Risk Solutions Consulting Practice as senior vice president, …
A Travis County body shop owner was sentenced on March 13 to 10 years of probation after pleading guilty to reporting wrecks that never took place and damaging vehicles to increase insurance payouts, the Texas Department of Insurance reported. The …
Q: We have a zillion newbies and plenty 50-plus year old veteran producers. I’ve tried the out-of-industry route. Frankly, my agency isn’t good at training. I want experienced, ‘hit the ground running’ sales talent at other agencies. How do I …
