August 2, 2018
May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master’s degree in engineering from the University of Oxford, but now makes her living selling insurance in Hong Kong. Drawn by lucrative pay, Zhang is part of …
August 2, 2018
Activist investor Carl Icahn has built a sizable stake in Cigna Corp. and plans to oppose the health insurer’s $54 billion takeover of pharmacy-benefits firm Express Scripts Holding Co., according to people familiar with the matter. Chief among Icahn’s concerns …
August 2, 2018
It’s not Super Bowl Sunday or even New Year’s Eve that makes for the most lethal day on U.S. highways. It’s Aug. 2. Today, Thursday Aug. 2, is when, on average, car wrecks are likely to kill more Americans than …
August 2, 2018
Metro Atlanta-based InsuranceHub has promoted industry veteran Ed Hemmer to the role of associate vice president in charge of the tech-driven insurance agency’s commercial transportation division. InsuranceHub launched the division in October 2017 to be solely devoted to the provision …
August 2, 2018
One moment she was having a sneezing fit and the next, her SUV had rear-ended a minivan. That’s what a 43-year Mississippi woman told officers in Athens, Georgia, after the sneeze-induced crash. Citing an Athens-Clarke County police report, The Athens …
August 2, 2018
Mississippi Insurance Commissioner Mike Chaney has announced he will run for re-election for a fourth term in 2019. Multiple media outlets reported 74-year-old Chaney’s announcement Wednesday, made at the Nashoba County Fair in Philadelphia, Miss., and a spokeswoman from the …
August 2, 2018
Willis Towers Watson has launched a digital tool to help organizations analyze financial feasibility and future profitability of their captive insurance strategies. The new system, Captive Quantified, is a web-based, interactive design that automates due diligence and financial analysis to …
August 1, 2018
A federal appeals court in Ohio on July 31 heard arguments by opposing attorneys in a class action involving whether agents working for an insurance carrier on an exclusive basis should be classified as independent contractors or as company employees. …
August 1, 2018
The U.S. District Court has approved a consent decree between Irvine, Calif.-based Alorica Inc. and the United States Equal Employment Opportunity Commission for $3.5 million and remedial measures to resolve a sexual harassment lawsuit, the federal agency announced today. According …
August 1, 2018
Woodruff Sawyer has named Brian Cushard a senior vice president in its property/casualty practice in Southern California. He will help continue to build Woodruff Sawyer’s real estate and construction practice. Cushard has more than 20 years of P/C insurance experience …