May 8, 2018
Film producer Harvey Weinstein is fighting back against personal indemnity insurer Chubb Ltd., saying Chubb must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or assaulting women over the past three decades, according to …
May 8, 2018
Michigan has three and Florida two in a list of the top 10 most dangerous cities in the U.S. produced by a security industry group using FBI crime data. Based on average rate of violent crime per 100,000 population, the …
May 8, 2018
Billionaire investor Carl Icahn has sold his stake in American International Group Inc, ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter. The activist investor …
May 8, 2018
Warren Buffett on Saturday said he hoped a chief executive would be found within a couple of months for the healthcare company being set up by Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co. to lower patient costs. …
May 8, 2018
Marsh & McLennan Companies announced that Erick R. Gustafson has been appointed as the company’s first chief public affairs officer. Gustafson has led the company’s Government Relations Department since 2008. In this expanded role, Gustafson will lead global corporate strategy …
May 8, 2018
The Alternative Markets Division of Great American Insurance Group has launched a new national program in conjunction with Grundy Insurance focused on coverages for antique and classic car restoration and repair shops across the United States. The program, underwritten by …
May 7, 2018
The National Rifle Association is suing Lockton Cos., alleging the insurance broker breached its contract with the firearms lobbying group. Lockton administered the NRA’s Carry Guard insurance program, which was advertised as the nation’s “most complete self-defense membership program.” Following …
May 7, 2018
Last month, major commercial lines insurance renewal premiums continued their upward trend except for workers’ compensation, which remains in negative territory for the year, according to the latest IVANS Index. Month over month, April’s increased were down from previous periods …
May 7, 2018
Abbe Goldstein has joined The Travelers Companies as senior vice president, Investor Relations. Goldstein succeeds Gabriella Nawi, who recently switched to the company’s Personal Insurance finance team. Goldstein joins Travelers from XL Catlin, where she has been director of investor …
May 7, 2018
The battle among auto insurers to win and retain business is as heated as it has ever been. A combination of record-low volumes of new insurance shoppers, consistent price competition among insurers and emerging “insurtech” disruptors on the horizon have …