How AXA Wooed and Won XL Group in $15.3B Takeover Deal March 6, 2018 By Fabio Benedetti-Valentini , Sonali Basak, Aaron Kirchfeld and Manuel Baigorri AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake...
PERILS Revises Loss Estimate for Europe’s Windstorm Zeus to €272M ($335.1M) March 6, 2018 The final estimate of insured property market losses for extratropical cyclone Zeus, which mainly hit France last year on March...
Sompo International to Launch Specialty Operation in Spain; Executive Team Named March 6, 2018 Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain. Sompo currently has a London-based operation...
Some U.K. Professional Firms ‘Understate’ Gender Pay Gap as New Data Law Looms March 6, 2018 By David Hellier and Gavin Finch U.K. politicians are demanding law and accounting firms revise figures on how male and female staff are remunerated amid criticism...
Workers’ Compensation Insurtech Pie Insurance Starts Selling in 4 States March 6, 2018 Digital agency Pie Insurance said it is ready to start selling its workers’ compensation policies in four states this month,...
Why Companies Are Relaxing Employee Drug Testing March 6, 2018 By Jennifer Kaplan and Rebecca Greenfield Employers are struggling to hire workers in tightening U.S. job market. Marijuana is now legal in nine states and Washington,...
Automakers, Tech Firms Urge Congress to Speed Up Autonomous Vehicles March 6, 2018 By David Shepardson Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate...
SouthPoint Risk Advisors Acquires 2 Tennessee Agencies March 6, 2018 SouthPoint Risk Advisors, an independent insurance agency based in Nashville, has announced it acquired two Tennessee agencies at the end...
USI Affinity to Offer The Hanover Lawyer’s PL Product in Select States March 6, 2018 USI Affinity has entered into an agreement with The Hanover Insurance Company to provide an enhanced lawyer’s professional liability insurance...
Risk Innovations in Atlanta Promotes Smith, Yost March 6, 2018 Risk Innovations, a national wholesaler that specializes in personal lines insurance and workers’ compensation, has made two promotions in its...