Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the launch of a new Philippines Flood Model. The probabilistic model provides countrywide coverage and enables insurers to assess flood exposure, one of the most …
American International Group Inc. faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay. Investors offered relatively weak support for AIG’s pay proposals in the …
The National Insurance Crime Bureau’s (NICB) announced that David Glawe has been appointed as the new president and chief executive officer of the insurance fraud-fighting organization. Since 2017, Glawe served as under secretary and chief intelligence officer at the Department …
Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next 12-16 months, and nearly 90% are bracing for an economic slowdown, the company said Monday. …
EC3 Brokers announced the launch of its specialty division, with the appointment of Jonathon Lane as head of the division. Lane is joined by Dominic Toogood and Gary Moore. All three joined on May 1 and initially will report to …
Fritz Gerber, a former leader of Zurich Insurance Group, has died. Gerber was 91. He passed away on May 10, 2020, according to the company, which did not disclose further details. “Fritz Gerber was a remarkable leader and is rightly …
German insurer Allianz said on Tuesday that a key measure of capital may fall below the company’s target floor level as it faces claims for disruption caused by the coronavirus crisis. Allianz, which earlier reported a nearly 30% slump in …
Kentucky’s restaurants will be allowed to resume limited dine-in service later this month as part of another phase of business reopenings announced by Gov. Andy Beshear on Thursday. The next phase includes plans for reopening movie theaters, fitness centers, child …
MADILL, Oklahoma — Sick with pneumonia, agitated and confused, Johnny Leija refused to return to his hospital room. Moments later, with three police officers pinning him on the floor, Leija was dead at age 34. Staff at the local hospital …
A lawsuit that made a big bang in Silicon Valley two years ago with allegations of mistreatment of politically conservative tech workers came to a quiet end last week. Former Google engineer James Damore and three other men who worked …
