Insurance Industry Sees Challenges with New York City Crawler Crane Requirements November 29, 2016 By Elizabeth Blosfield The Department of Buildings of the City of New York’s (DOB) recent move to better regulate crawler crane operations in...
Supreme Court Rejects Stanford’s Appeal of Ponzi Scheme Conviction November 29, 2016 By Lawrence Hurley The U.S. Supreme Court on Monday rejected Texas financier Robert Allen Stanford’s bid to overturn his conviction and 110-year prison...
Rep. Price, Obamacare Critic, Is Trump’s Choice to Lead Health Agency November 29, 2016 By Anna Edney, Billy House and Jennifer Jacobs President-elect Donald Trump said he’ll nominate U.S. Representative Tom Price, one of the main architects of legislation to repeal and...
At Trial, Anthem-Cigna Merger Called Harmful to Competition November 29, 2016 By Andrew Harris, Bloomberg Anthem Inc.’s proposed $48 billion merger with Cigna Corp. could give the insurer the power to raise prices for employers...
Cyber Risk Awareness Rises Among SMEs: Zurich Survey November 29, 2016 One way to reduce cyber risks is to boost awareness of them. In that regard, Zurich Insurance Group says, there...
Hong Kong-Based Latitude Brokers Launches P&I Club Comparison Tool November 29, 2016 Latitude Brokers, the Asia-based marine insurance specialist, has launched PILOT, an online protection & indemnity (P&I) club comparison tool. In...
AXIS Capital Buys Belgium-Based Specialty Aviation Re/Insurer Aviabel November 29, 2016 Bermuda-based AXIS Capital Holdings Ltd. announced it has agreed to acquire general aviation insurance and reinsurance leader Aviabel, in a...
Willis Re Appoints Kent as Global Deputy CEO November 29, 2016 Willis Re, the reinsurance business of Willis Towers Watson, announced the promotion of James Kent – co-president of Willis Re...
Insurtech to Become Part of Traditional Insurance Landscape: S&P Report November 29, 2016 Insurtech has a complementary place in the traditional insurance world, despite remaining uncertainty in the industry about how it will...
Update: Plane Crash in Colombia Kills 75; Brazilian Soccer Players on Board November 29, 2016 By Oscar Medina and Tariq Panja An aircraft carrying 81 people, including players from the Brazilian soccer team Chapecoense, crashed on route to Colombia’s second-largest airport...