Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual property/casualty insurance companies continue to face heightened competition amid an insurance industry that is being transformed by technological, economic and demographic …
Less than half of Americans (43 percent) are interested in utilizing self-driving cars, down from 53 percent last year. According to an annual sharing economy index by Allianz Global Assistance, the lack of interest is primarily attributed to safety concerns …
Too much capital and not enough growth. Faced with this ailment, the insurance sector is reaching for a costly remedy — M&A. Marsh & McLennan Cos. Inc. Tuesday became the latest [insurance industry participant]* to splash the cash, agreeing to …
Democratic U.S. senators led by Elizabeth Warren of Massachusetts urged a Trump administration labor board appointee to recuse himself from a case that could end up being a big victory for corporations trying to make it harder for workers to …
Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an opening, …
Hondas that are 10 and 11-years old and even older Ford and Chevrolet pick-ups top the list of the most stolen vehicles in the U.S. in 2017. The National Insurance Crime Bureau (NICB) released its annual Hot Wheels report, which …
The Austin-based insurance education organization the National Alliance for Insurance Education & Research has appointed William J. Hold as chief executive officer. He will assume the day-to-day leadership of the organization effective immediately and will assume the presidency in two …
Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic pace of deal activity in the industry. The New …
Elon Musk, the chief executive of Tesla Inc., was sued for defamation on Monday for falsely suggesting that a British caver who helped rescue 12 boys and their soccer coach from a Thailand cave in July was a pedophile and …
Florence’s driving rains are forcing hydroelectric dam operators to run generators at full tilt and open flood gates that haven’t been used in more than 20 years. The Tennessee Valley Authority — which operates dams in Tennessee, Georgia and other …
