U.S. Reports Auto Insurance Unaffordable for Millions; Insurers Call Report ‘Ill-Conceived and Unnecessary’ January 24, 2017 By Suzanne Barlyn Nearly 19 million Americans live in areas where auto insurance is unaffordable including a large number in the New York...
Former Executive Admits Stealing $850K from Pennsylvania Health Care Giant January 24, 2017 A former executive with Pittsburgh-based health care giant UPMC has admitted he stole nearly $850,000 from the company by arranging...
Man Charged with Setting New York Apartment Building on Fire January 24, 2017 Authorities say they’ve charged a 63-year-old man with setting a fire in an apartment building in Buffalo, leaving 18 people...
Private Equity Returns Boost Travelers Q4 Profit January 24, 2017 By Lisa Du and Sonali Basak Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit jumped 8.9 percent as investment...
Beazley Taps AIG’s Tigleanu as Data Breach & Information Security U/W January 24, 2017 Beazley, a specialist in data breach response insurance, has appointed Monica Tigleanu as an underwriter focused on data breach and...
1/1 Renewals Saw Some Price Stabilization, Record Capital, Demand Uptick: JLT Re January 24, 2017 By L.S. Howard The challenging operating environment confronting reinsurers has led to some price stabilization at the Jan. 1, 2017 renewals, as they...
Maryland Fire Officials Shut Down Rehearsal Space for Safety Violations January 24, 2017 Fire officials have shuttered a long-running rehearsal space for musicians in West Baltimore, Md. The Baltimore Sun reports that Studio...
Parliament’s Approval Required to Trigger Brexit Talks: UK Supreme Court January 24, 2017 The UK Supreme Court ruled on Tuesday that Prime Minister Theresa May must get parliament’s approval before she begins Britain’s...
StarStone Partners with Dubai-Based MGA; Swiss Re’s Hussey Appointed January 24, 2017 StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced a joint venture partnership with Malakite Underwriting Partners...
TMK Launches Unmanned Aerial Systems Cover via Its Online Platform January 24, 2017 Tokio Marine Kiln (TMK) has added unmanned aerial systems (UAS) insurance to its One TMK digital exchange, which will allow...