The Landy Agency of Needham, Mass., has launched a new crime program with Great American Insurance Group that offers low minimum premiums and a focus on small to medium‐sized businesses. Coverage is admitted in all states and provided by Great …
Liberty Mutual has once again directly tapped capital markets’ reinsurance capacity via the Bermuda collateralized reinsurance sidecar, Limestone Re Ltd. Limestone Re provides approximately $150 million of collateralized reinsurance capacity for Liberty’s U.S. property catastrophe program, as well as its …
U.S. Supreme Court justices on Monday appeared sympathetic to Merck & Co. in its bid to fend off hundreds of lawsuits accusing the company of failing to adequately warn patients of the risks of thigh bone fractures associated with its …
AmTrust Financial Services announced leadership changes as it moves forward now as a private company. Its $2.95 billion privatization plan was finalized on November 28, 2018 after receipt of all approvals, according to the company. AmTrust Financial Services Inc. (AFSI) …
The U.S. Supreme Court’s newest member, Brett Kavanaugh, issued his first written opinion on Tuesday as the justices in a unanimous ruling bolstered companies’ ability to use arbitration to resolve disputes with customers or other businesses. The court decided 9-0 …
The Trump administration on Monday launched a drive to push U.S. firms to better protect their trade secrets from foreign hackers, following a slew of cases accusing individuals and companies of economic espionage for China. U.S. companies hit by recent …
Risk management involves looking around the corner to spot future threats. When it comes to director and officer liability, the question is this: What’s on the horizon for directors and officers in 2019? Here are seven critical areas of risk …
The costliest natural catastrophes occurred in the United States in 2018 with one of California’s devastating wildfires and Hurricane Michael topping the list, according to Munich Re. A report from Munich Re on last year’s natural disasters pointed to “clear …
Toyota Motor Corp. — in an unusual move for the cut-throat car business — has decided to share with rivals an automated safety system that uses self-driving technology to keep cars from crashing. The system, known as Guardian, will take …
MetLife Inc. appointed Michel Khalaf president and chief executive officer, succeeding Steven Kandarian. Khalaf, 54, will take over on May 1, the company said Tuesday in a statement. He is currently president of the company’s U.S. and Europe, Middle East …
