Its acquisition of Fireman’s Fund’s business in April, 2015 provided ACE Ltd. with an idea of what’s involved in integrating two leading high net worth insurance businesses. Frances D. O’Brien is now using those corporate insights along others she has …
FlyDubai’s top executive said conditions for landing were appropriate when one of its flights crashed at a windy airport in southern Russia, even though three other carriers rerouted flights to other destinations. “As far as the operation of the flight, …
AXA SA Chairman and Chief Executive Officer Henri de Castries is leaving earlier than expected, handing over the post of CEO to Thomas Buberl as France’s largest insurer splits its top jobs. De Castries, 61, will retire at the start …
Organizers of rock concerts and conferences in Latin America or fringe events at the Rio Olympics beware: if you still need insurance to cover cancellation due to the Zika virus, it’s probably too late. The International Olympic Committee (IOC) should …
Windy and dry conditions are causing an increase in the number of wildfires in the North Carolina mountains. Media outlets report that a 60-acre fire near Bearwallow Mountain southeast of Asheville that firefighters have been battling this week is largely …
Hail and damaging thunderstorms raked southern parts of Mississippi on Thursday as people across the state tried to recover from flooding earlier in the week. The National Weather Service counted 44 hail reports in 15 counties, with baseball-sized hail reported …
A jury in Florida awarded wrestling star Hulk Hogan an eye-popping $115 million on Friday in his sex tape lawsuit against Gawker Media – and the award isn’t Hogan’s final round in the suit. Next up, the jury will return …
Following the 2016 Florida Legislative Session’s failure to pass essential assignment of benefit (AOB) reforms, the insurance industry and Citizens Property Insurance Corp. are working in tandem with the Florida Office of Insurance Regulation (OIR) to find workable administrative measures …
New Mexico Gov. Susana Martinez arrived earlier this month in her first Uber ride and signed a bill allowing ridesharing companies Uber and Lyft to operate in the state. The Republican governor said the measure ends the confusion over whether …
A California intermediate appellate court has reaffirmed that a professional negligence claim against a client’s property/casualty insurance broker is freely assignable. It also held that the assigned rights are enforceable in court by the assignee without proof that its “equities” …
