More than 21,000 Marlboro Lights smokers and their attorneys will receive a portion of $29.1 million from a lawsuit settlement fund approved by an Arkansas judge. A Pulaski County Circuit judge approved the payment on Jan. 17 from the $45 …
A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” of the members of the GuideOne Insurance Companies (GuideOne). The …
Keith Goad has been hired as chief financial officer for both Central Mutual Insurance Company and All America Insurance Company. The companies are based in Van Wert, Ohio. As CFO, Goad holds overall accountability for the company’s finance, investments, accounting, …
Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier & Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The divestiture would undo much …
Car makers and tech firms are convinced that driverless cars are the future, but they appear to be ahead of consumers in that thinking. Only 23 percent of Americans say they are willing to ride in an autonomous car, while …
A beach town is using blunt legal arguments to resist a demand that it permanently close a section of beach where a man plunged into an inlet and drowned when the sand gave way beneath his feet. North Wildwood acknowledges …
Maryland state’s Motor Vehicle Administration is advocating legislation that would transfer regulatory power of self-driving cars to the agency and the state police, saying the change may improve safety on Maryland roads and reduce human error. Motor Vehicle Administration representative …
National wholesale insurance brokerage and managing general agent Worldwide Facilities said that Robert M. Parker has joined the team as Financial Services Practice Group counsel and program development coordinator. In the new role, Parker will promote the Financial Services practice …
Marsh & McLennan Companies Inc. announced that Susan A. Stone has been appointed general counsel of the Company’s Risk and Insurance Services segment, which includes Marsh and Guy Carpenter. Stone’s new role is effective as of Feb, 15, 2017. For …
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), has named Henning Haagen northeast zone executive for North America in addition to his current role as global head of aviation, effective immediately. Haagen will take over responsibility for …
