Ratings downgrades for global insurers and reinsurers are becoming more probable as they face more than $100 billion in 2017 catastrophe losses, a figure that threatens to weaken their capital reserves, Fitch Ratings Inc. said in a report on Tuesday. …
Talk about rising above the masses. Dubai staged the first public test of its drone taxi service on Monday, offering a peek at what it might—or will—be like to commute by flying car. The self-piloting, electric Volocopter is less noisy …
Route 66 Insurance in Cuba, Mo., has hired Abigail Mitchell as an insurance producer. In this position, Mitchell will work with existing accounts, generate leads, and develop new business. She will be responsible for maintaining customer satisfaction, as well as …
Houston-based independent insurance agency Brady, Chapman, Holland & Associates Inc. has added Kevin Kimmel as commercial lines account executive. Kimmel has more than 12 years of experience working in commercial insurance including account management, marketing, and sales roles. Source: Brady, …
The U.S. law that has protected workers from gender and racial bias for more than half a century should not be extended to cover gay and lesbian employees because that isn’t what Congress envisioned when it passed the bill, Trump …
The Michigan Supreme Court is looking at the case of the hot coals. A 10-year-old girl burned her foot on hot coals that couldn’t be seen under sand, a day after a Lake Michigan bonfire. The state appeals court said …
American International Group Inc., the 98-year-old insurer and retirement planner, is finding being tech-savvy pays off. Consumers are pumping cash into a unit that oversees $244 billion in client assets after it invested in digital platforms to make the process …
The United States has asked China not to implement its new cyber security law and is concerned it could damage global trade in services, a U.S. document published by the World Trade Organization showed on Tuesday. China ushered in a …
To help accelerate Hurricane Irma recovery efforts across Florida, CFO Jimmy Patronis announced an extension of continuing education deadlines for licensed insurance professionals in Florida. Continuing education deadlines are set by the licensee’s birthday month, and any licensee with a …
Glatfelter Program Managers (GPM) has added workers’ compensation to its program business offerings, effective Nov. 1. Educational institutions, independent school bus contractors, water/sewer entities, senior living facilities, hospices, home health care agencies and religious institutions are among those who may …
