Verisk to Acquire London-Based Complex Data Software Firm Sequel August 21, 2017 U.S.-based data analytics firm Verisk Analytics Inc. has agreed to acquire London-based insurance and software specialist Sequel from private equity...
New Jersey’s Menendez, Pallone Tout Flood Insurance Reform Legislation August 21, 2017 Five years after Superstorm Sandy devastated towns along the New Jersey shore, Sen. Bob Menendez and Rep. Frank Pallone want...
JLT Re Taps Bardon as Bermuda Partner, Working with Industry Loss Warranty Team August 21, 2017 JLT Re, the London-based reinsurance broker and consultancy, has appointed Nicolas Bardon as a partner in JLT Re’s Bermuda operation...
Indian IPOs Headed for Record Year as Insurers Seek to Raise Funds August 21, 2017 By Anto Antony and George Smith Alexander Indian initial public offerings are headed for a record year, as a rush of insurers seek to ride a rally...
Maxum’s Lucas Joins Everest Re to Head U.S. Casualty Facultative Programs August 21, 2017 Darwin Lucas has joined Everest Reinsurance Co. as vice president and head of U.S. Casualty Programs for all general casualty...
Third Jury Sides with J&J, Bayer Over Xarelto Drug Liability Claims August 21, 2017 By Tina Bellon A federal jury has cleared Bayer AG and Johnson & Johnson of liability in the third case to go to...
QBE H1 Profits Rise 73% on Australia/N. Zealand Rate Hikes, N. America Growth August 21, 2017 By L.S. Howard QBE reported a healthy profit hike during first half of 2017, despite heightened claims activity in its Emerging Markets’ division,...
U.S. Risk Announces Acquisition of B&H Risk Services, Inc. August 21, 2017 By Newswire Dallas, TX, August 21, 2017—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that...
Fraud Following Catastrophes an Unwelcome Trend, Oklahoma’s Doak Says August 21, 2017 By Stephanie K. Jones In testimony on Capitol Hill in early August, Oklahoma Insurance Commissioner John Doak told federal lawmakers that fraud across all...
How Much Solar Eclipse Distraction Will Cost Employers August 21, 2017 By Kimberly Chin Add today’s total eclipse of the sun to the list of worker distractions that cost U.S. companies hundreds of millions...