November 8, 2018
A new partnership between QBE Insurance Group and cybersecurity management company Zeguro offers small and medium-sized business customers access to a virtual ‘Cybersecurity Officer’ to protect against their cyber exposures. Zeguro’s online platform enables users to automate their cybersecurity processes, …
November 7, 2018
The Federal Emergency Management Agency (FEMA) has begun the process of renewing its private market reinsurance for the National Flood Insurance Program for 2019, a purchase that could encompass $2 billion of reinsurance. FEMA said it intends to procure reinsurance …
November 7, 2018
Commercial insurance buyers are facing upward pricing pressure across most lines of business in 2019, driven in part by escalating losses in the casualty insurance market, according to a report by Willis Towers Watson. The report, designed to be a …
November 7, 2018
A year after the Boy Scouts of America announced it would admit girls, the Girl Scouts of the United States of America punched back Tuesday with a federal trademark lawsuit seeking to block the boys group from rebranding its flagship …
November 7, 2018
Marsh & McLennan Cos. Inc. announced that its £4.3 billion ($5.6 billion) acquisition of broker Jardine Lloyd Thompson Group plc has been approved by JLT’s shareholders. Of those shares voted, 99.9 percent voted in favor of the transaction, said MMC …
November 7, 2018
Great American Insurance Group has hired Kelli Artin as divisional vice president of Cyber Liability. Artin will focus on the distribution strategy and marketing of the company’s cyber risk insurance offerings. Artin most recently served as a vice president with …
November 7, 2018
American International Group said it has completed the acquisition of insurance program manager Glatfelter Insurance Group, a deal announced in September. The addition is a key element in AIG’s strategy to reposition its General Insurance business and return to profitability. …
November 7, 2018
Swiss Re Corporate Solutions appoints Michael LaRocca as head of Property & Specialty Lines North America, effective November 7, 2018. In this role, LaRocca will be responsible for managing the strategy, development and performance of the company’s Property & Specialty …
November 7, 2018
American International Group Inc. is exiting business activities in Iran that came with a subsidiary it acquired and which now butt up against the sanctions against Iran that have been reimposed by the Trump administration, according to a filing. Validus …
November 7, 2018
Wells Fargo & Co. executives were warned that an auto insurance plan could be overcharging customers four years before the bank scrapped the program, according to a complaint released by a judge this week. Several executives, including then-General Counsel James …