Guy Carpenter & Company LLC has been named the sole reinsurance intermediary for the newly formed California Wildfire Fund, which is currently being administered by the California Earthquake Authority. Guy Carpenter will provide strategic reinsurance and advisory services to develop …
A former Planned Parenthood Arizona employee who claimed she was wrongfully fired after she reported unsafe medical practices has been awarded $3 million in a civil case. A Maricopa County jury returned the verdict Aug. 16 for Mayra Rodriguez, who …
Speeding is the riskiest kind of aggressive driving, according to an analysis of data from on-board telematics devices in vehicles. Researchers at Canada’s University of Waterloo examined data from 28 million trips for possible links between four bad driving behaviours …
U.S. businesses must focus on creating higher-paying jobs,Tom Wilson, Allstate chair, president and chief executive officer, writes in today’s New York Times. Wilson calls on America’s corporate leaders to prioritize job creation and make it a regular topic of discussion …
Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer for National Insurance – Excess Casualty, and Doug Manwaring as chief underwriting officer of National Insurance – Public Entities and Programs. Tellekamp is responsible for the retail admitted excess casualty …
Investigators probing an engine explosion on an Air France A380 in 2017 are studying a possible manufacturing flaw in a recently salvaged cracked part in a move likely to trigger urgent checks on dozens of Airbus superjumbos, people familiar with …
A New Jersey woman has been sentenced to two years in prison for her role in a widespread fraud scheme involving public employees and compound prescription drugs. Kristie Masucci appeared before a judge in Camden on Tuesday. The 37-year-old Cedar …
Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of The Suitelife, a program manager specializing in boutique hotels, premier and full service hotels, hotel management companies, condo hotels and resorts from Venture …
China on Tuesday added 148 drugs to its list of medicines covered by basic medical insurance schemes, part of a push to lower patients’ out-of-pocket costs in one of the world’s largest drug markets, state media reported. AstraZeneca’s Kombiglyze and …
Newark’s large-scale bottled water distribution is continuing as officials try to understand the failure of two filters intended to eliminate lead from water. The Environmental Protection Agency, which earlier called for the water distribution, said Friday that researchers are meeting …
