February 6, 2019
Generali Global Assistance said it has acquired Trip Mate from Arthur J. Gallagher. Details were not disclosed. Trip Mate is incorporated in Kansas and domiciled in the state of Missouri. It is licensed in all states. Its plans are underwritten …
February 6, 2019
Lloyd’s has appointed David Duclos as non-executive chairman of Lloyd’s Global Network, where he will play a key advisory role in the development of Lloyd’s international network. Duclos will take up the position at Lloyd’s immediately. He has had extensive …
February 6, 2019
Sirius International Insurance Group, Ltd., the Bermuda-based multi-line insurance and reinsurance group, announced its board of directors has elected Kernan (Kip) V. Oberting to succeed Allan L. Waters as chief executive officer of Sirius Group. Oberting will be succeeded as …
February 6, 2019
A report commissioned by Brazilian miner Vale SA last year, to look into the stability of a tailings dam that ruptured on Jan. 25, certified it as sound but raised concerns over its drainage and monitoring systems. The report by …
February 6, 2019
Vermont legislators are seeking to ban insurance companies or Medicaid from requiring pre-authorization before approving medication-assisted treatment. Democratic Rep. Ann Pugh tells The Times Argus she wants to remove any barriers between someone with a substance use disorder and treatment. …
February 6, 2019
A Volvo Cars joint venture has won approval to begin hands-free testing of its software for self-driving cars on Swedish highways, partner Veoneer said. Veoneer said the Zenuity joint venture’s software for Level 4 autonomous driving – the second highest …
February 6, 2019
Relation Insurance Services, an insurance brokerage that offers risk management benefits and third party administrator (TPA) consulting services through its family of brands across the U.S., has entered into a definitive agreement acquiring J. Deutsch Associates Inc., a New York …
February 6, 2019
SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has hired Steven Guthart as president and chief marketing officer. Guthart brings more than 30 years of industry experience to SterlingRisk. He previously served as president of Brooklyn operations at HUB …
February 6, 2019
A huge fire at Ocado’s flagship robotic distribution center will hit sales growth, the British online supermarket pioneer warned on Wednesday, sending its shares sharply lower. Around 20 fire engines and 200 firefighters were called to the blaze at the …
February 6, 2019
German reinsurer Munich Re on Wednesday reported a 56 percent decline in fourth quarter net profit after a spate of natural catastrophes but proposed raising its dividend for 2018. Net profit fell to 238 million euros ($271.13 million) from 538 …