People who tried to order medicine online or over the phone have received fake U.S. Food and Drug Administration warning letters instead of the products they bought, in what appears to be an international extortion scam, the agency said on …
Insurance broker Willis Towers Watson has appointed Mary Botkin, as health care industry lead in its Corporate Risk and Broking (CRB) segment. Botkin will be responsible for delivering the company’s integrated risk management strategy to its health care portfolio, including …
JLT Re (North America) has appointed Scott MacColl as head of Credit and Surety for North America. In addition to his role in North America, he will be working with global teams to help build out this specialized practice area …
Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who claim asbestos-contaminated talc in the company’s products gave them ovarian cancer by arguing the plaintiffs’ science was flawed and the case should not have …
After Hurricane Harvey swept through Texas last August, it not only left behind nearly 50 inches of rain in some areas and an estimated $125 billion in damage, but questions for the insurance industry in terms of how to approach …
Tax reform, a growing economy and lower catastrophe losses helped U.S. property/casualty insurers more than double their first quarter profit this year. Insurers’ net income after taxes surpassed $17 billion during the first three months of the year, compared to …
In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the greatest threats to the public is just emerging: red-hot markets for crypto coins. The inclusion of virtual tokens — along …
Warning lights about cyber threats to U.S. national security are “blinking red” and the digital attempts to undermine America are occurring daily, not just at election time, the nation’s top intelligence official said Friday. Russia has been the most aggressive …
Liberty Mutual’s National Insurance Property unit has increased its per risk capacity to $800 million from $600 million to help property owners and their brokers better manage mid-size and large risks. According to Gregg Cunningham, general manager, National Insurance Property, …
Zurich North America has brought Deirdre Manna on board as the new head of Government and Industry Affairs. Manna leads Zurich’s engagement with elected officials at the state and federal level on public policy issues that may impact the insurer’s …
