General Motors has agreed to a $13.9 million settlement with Orange County, Calif., after prosecutors accused the auto giant of concealing serious safety defects to avoid costly recalls and part replacements. The lawsuit, filed in 2014, accused GM of deceptive …
Chris Winans has joined Kimball Hughes Public Relations as a consultant. Winans most recently led Hill+Knowlton Strategies’ U.S. financial services communications practice. He has more than 30 years of experience as a journalist, a Wall Street financial analyst, a corporate …
American International Group’s technology-focused subsidiary formerly known as Hamilton USA has a new name, Blackboard. Hamilton USA was part of Hamilton Insurance Group. AIG announced plans to buy the unit in May when its chief executive officer, Brian Duperreault, left …
For the commercial property and casualty, and employee benefits segments of the insurance industry, anti-rebating laws are both nonsense and anti-consumer. Competition is intended to protect competitiveness in the marketplace, not to protect competitors. Producers need to be able to …
Singapore wants to bolster its status as a wealth management and foreign-exchange center as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. In a plan unveiled Monday, the Monetary Authority of …
Severe weather pounded the Northeast region with powerful winds and drenching rains early Monday, leaving nearly 300,000 without power. Southern New England appeared to suffer the brunt of the storm damage overnight. Eversource reported more than 155,000 Connecticut customers were …
QBE North America, an operating division of QBE Group, has hired Matt Keeping as a regional executive in the Eastern region. In this role, Keeping will lead QBE’s go-to-market activities as an integrated specialist insurer in the 20-state region. Based …
The Workers Compensation Research Institute (WCRI) released a new tool for policymakers and system stakeholders to track the performance of the New York workers’ compensation system. “Originally established to monitor the system following reforms in 2007, the report has evolved …
Swiss Re Corporate Solutions has appointed Jeff Summerville as head of Casualty, Financial & Professional Services North America, effective immediately. Summerville will oversee the North American Casualty business in addition to his current responsibilities as the leader of Financial and …
AssuredPartners Inc. has acquired Synergy Professional Associates of Fairfield, N.J. Synergy is a managing general agent and wholesale insurance intermediary devoted to professional liability and program development. It was founded as a boutique gateway for specialized professional liability programs, and …
