UPS Liable for Shipping Contraband Cigarettes in New York, Damages Reduced November 8, 2019 By Jonathan Stempel A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping...
Marsh Taps Army Veteran, JLT Exec Sawyer to Lead U.S. Cyber Risk Consulting November 8, 2019 Global insurance broker Marsh has appointed Reid Sawyer as U.S. Cyber Risk Consulting leader. In this newly created role, Sawyer...
Investors React Positively to Argo CEO’s Exit, Despite Q3 Net Loss November 8, 2019 By Mark Hollmer The day after Argo Group International Holdings announced CEO Mark Watson III was retiring “immediately,” investors seemed ecstatic, driving the...
Kaufman Group, Burns & Wilcox Promote 23 Associates Including D’Antoni November 8, 2019 Global insurance services firm H.W. Kaufman Group and its subsidiary Burns & Wilcox, a North American wholesale insurance broker and...
AM Best Reviews Argo Group’s Ratings in Reaction to SEC Probe, Watson Exit November 8, 2019 AM Best has placed the credit ratings of Argo Group International Holdings Ltd. and its subsidiaries under review with negative...
VIBE Syndicate 5768 to Be Placed into Solvent Run-off November 8, 2019 The board of VIBE Syndicate Management announced, effective Dec. 31, 2019, its Syndicate 5678 at Lloyd’s will be placed into...
Lloyd’s to Create Single Governing Body, Merging Council and Franchise Board November 8, 2019 Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1,...
Ex-Tennessee Agent Indicted On More Than 70 Charges, Accused of Premium Theft November 8, 2019 A former insurance agent, political campaign treasurer and Tennessee Republican Party committeewoman, is accused of stealing from her father’s campaign...
Companies That Are Open About Cyber Risks Fare Better With Investors November 8, 2019 By Andrew G. Simpson Research finds that when one company experiences a cybersecurity breach, other companies in the same field also become less attractive...
Why James River Insurance Dumped Uber Account November 8, 2019 By Suzanne Barlyn A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc. affiliate said on Thursday the risk of providing...