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Heffernan Acquires National Truck Services Group in Arizona

Heffernan Insurance Brokers has acquired the assets of Phoenix, Ariz.-based National Truck Services Group. The NTSG leadership personnel, AJ Planeta, sales manager, and Kathy Herter commercial lines manager, will oversee Heffernan’s newest office in Phoenix. NTSG has a team of …

Harvard/UCLA Study Questions High Costs of Hospital-Based Primary Care

Patients with common conditions such as back pain, headaches and upper respiratory infections are more likely to receive tests and services of uncertain or little diagnostic or therapeutic benefit— so-called low-value care —when they seek treatment in primary care clinics …

Beazley Joins EbixExchange Accounting Platform

Ebix Europe, the electronic messaging communications specialists for the global re/insurance market, announced that insurer Beazley is the latest carrier to join its EbixExchange accounting platform. Using ACORD standards, the platform adds transparency and accelerates the accounting and settlement process, …

Starbucks in China Provides Health Cover for Workers’ Parents

Starbucks Corp. will provide Chinese workers with health insurance that extends coverage to their parents, a unique offering by the coffeehouse chain that may be used by more than 10,000 people to treat conditions such as cancer, heart disease and …

China’s Probe of Regulatory Chief Won’t Slow Insurers’ Overseas M&A: Opinion

Xiang Junbo, the man on whose watch China’s insurance industry flourished, is now himself under investigation. As Bloomberg News reported over the weekend, China’s anti-graft agency is probing the nation’s top insurance official as the government steps up a bid …

Six Months Later, Hurricane Flood Victims Still Recovering in Virginia

In the months since Hurricane Matthew, Dawn Sawyer has watched her 9-year-old, Sam, bite his nails down to “nubs.” She’s never seen him do that before. As Sam remembers it, he slept right through the storm. He knows the water …

Chubb Promotes Samuel as Head of Power & Utilities for Asia

Chubb has appointed Titus Samuel as the new head of Power and Utilities for Asia. Samuel will be based in Singapore and will report to Mick Peacock, head of Power and Energy for Asia Pacific. Prior to his new appointment, …

Risk Strategies Acquires Massachusetts’ Mosse & Mosse

Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has added to its employee benefits practice and expertise with the acquisition of Mosse & Mosse Associates LLC’s commercial benefits and consulting operations. Terms of the deal …

QBE North America Names CNA’s Beckman Chief Underwriting Officer

QBE North America has appointed John Beckman as chief underwriting officer. Beckman will be responsible for efforts to enhance underwriting practices and processes, including product development, technical leadership and risk appetites. Beckman will also serve as a member of the …

UK Car Premiums Rise by 16% to $949 with More Pain Ahead: Willis Towers Watson, Confused.com

U.K. car insurance premiums rose 1.8 percent in the first quarter of 2017, with motorists now paying an average of £781 ($949), which is £110 ($134), or 16 percent, higher than average premiums paid in the same period last year, …

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