October 23, 2017
Marsh announced the appointment of Dr. Jamie Saunders as a strategic adviser on cyber risk management within its UK specialist cyber security and risk team, part of the firm’s Client Advisory Services division. Saunders will be based in London. One …
October 23, 2017
The Hartford has agreed to acquire Aetna’s U.S. group life and disability business for cash consideration of $1.45 billion. This acquisition enhances The Hartford’s group benefits distribution capabilities and accelerates the company’s technology strategy, according to the announcement. “The transaction …
October 23, 2017
While the upswing in opioid abuse has leveled off, the level does not appear to be declining and remains disturbingly high, according to an analysis of national data presented at the American Society of Anesthesiologists (ASA) annual meeting. More than …
October 23, 2017
Aegon NV, the Dutch insurer that generates most of its business from the U.S., is scouting for acquisitions and has looked at companies including smaller rival ASR Nederland NV amid consolidation in the domestic market, according to people familiar with …
October 23, 2017
Insurers are considering raising premiums for tall buildings in Britain with flammable cladding panels and no sprinklers or even excluding related risks following the Grenfell fire in London earlier this year. Inquiries into the tragedy, which killed up to 80 …
October 23, 2017
Florida Gov. Rick Scott has won the first round in a legal tug-of-war over his mandate that nursing homes and assisted living facilities install generators. The 1st District Court of Appeal on Thursday rejected a legal challenge to emergency rules …
October 23, 2017
Hurricane Nate preliminary loss estimates are estimated to be between $650 million and $1.35 billion, according to CoreLogic. The loss estimates were calculated based on data analysis, total insured and uninsured loss for both residential and commercial properties, including damage …
October 23, 2017
Larry Pratt has joined SUNUP Insurance Services, headquartered in North Carolina, as the chief agency officer. Pratt will be responsible for leading agency operations for the company. He comes to SUNUP with experience in agency distribution, including extensive experience in …
October 20, 2017
The first admitted insurance carrier has filed to provide coverage to California’s legal cannabis industry and several more carriers have stated their intent to file products, according to state Insurance Commissioner Dave Jones. It also appears that standardized insurance forms …
October 20, 2017
Swiss Re Corporate Solutions has expanded its Executive Risk product offering with the launch of SwissGuard, a multi-coverage, management liability policy designed for non-profit and private companies. SwissGuard insures against directors and officers liability, employment practices liability and fiduciary liability …