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Zurich North America Names Ironshore’s DeLong VP of Cyber Underwriting

Zurich North America has hired Yosha DeLong as vice president of cyber underwriting, a role that expands Zurich’s cyber resources as the cyber exposures continue to evolve beyond data security. DeLong will lead the continued development of the company’s cyber …

Doyle Named to Succeed Departing Zaffino as CEO of Marsh

Marsh & McLennan Companies Inc. has appointed John Doyle as chief executive officer of its broker Marsh, effective immediately. Doyle will report to Marsh & McLennan Companies President and CEO Dan Glaser and continue to serve on the company’s Executive …

New Hampshire Officials: June Had Highest Number of Overdose Cases in 2017

New Hampshire authorities say they’ve responded to more overdoses in June than any other month in 2017 so far, with a total of 117 suspected overdoses reported. American Medical Response says 92 of the 117 June overdoses were in Manchester, …

Alliant Hires Pennsylvania’s Hill as Employee Benefits Group Expands in East

Alliant has hired Martin Hill as it continues to expand the presence of its Employee Benefits Group throughout the eastern U.S. As vice president, Hill, who is based in Pennsylvania, will leverage his background in strategic planning, relationship management, financial …

Fed Gives AIG, Pru More Time to Submit ‘Living Wills’

U.S. bank regulators disclosed on Wednesday how eight of the nation’s largest banks would wind themselves down in the face of collapse and gave American International Group Inc (AIG) and Prudential Financial Inc. an extra year to submit their doomsday …

How Tesla’s Model S Fared in Insurance Safety Test

Tesla Inc.’s Model S did not get the top score in certain tests by the Insurance Institute for Highway Safety (IIHS), the agency said on Thursday. Chevrolet Impala, Ford Motor Co.’s Taurus and Tesla’s Model S were the three sedans …

Failed Fyre Festival and a Lesson in Events Insurance

Already facing numerous lawsuits, Fyre Festival organizer Billy McFarland was arrested on federal charges last week. The government alleged he defrauded investors who bought into Fyre Media Inc., the New York-based company behind the music festival which collapsed so spectacularly …

Kent to Become Willis Re’s Global CEO when Cavanagh Retires

Willis Re announced that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his position as global CEO in December 2017. Kent joined Willis Re in 2004 and has served as the global deputy …

Q&A: How Driverless Car Technology Could Impact New York and Other States

New York Governor Andrew Cuomo in May signed a budget bill into law allowing self-driving and self-parking cars to be tested for one year on New York public highways. Prior to this law going into effect, the technology was prohibited …

China’s Fosun Denies Rumors that Chairman Guo Has Gone Missing

Chinese conglomerate Fosun saw shares in its listed units fall on Thursday, prompting it to refute online rumors that it had lost contact with its billionaire chairman, Guo Guangchang. The firm said in a statement Guo was in Shaanxi province …

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