Allianz Global Corporate & Specialty Restructures to ‘Regain Profitability’ July 1, 2020 Allianz Global Corporate & Specialty (AGCS), the industrial insurer of Allianz Group, is embarking on restructuring program, designed “to regain...
3 Quick Hurricane Season Tips (Just a Little Late) July 1, 2020 By Patrick Wraight So far hurricane season has been uneventful unless you consider the giant Saharan dust cloud that traveled across the Atlantic....
Allianz Ends Relationship with Wirecard Amid Accounting Scandal July 1, 2020 Allianz said on Wednesday that it was ending its relationship with Wirecard Bank and removing from the market a mobile...
Insurance Startup Lemonade Increases Target Price Range for IPO July 1, 2020 SoftBank Group Corp.-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking...
Boeing Withheld Facts on Flight-Control System Blamed for 2 Fatal Crashes: Probe July 1, 2020 By Alan Levin and Julie Johnsson Boeing Co. provided only “limited information” on the flight-control software later implicated in two fatal crashes on the 737 Max...
Tesla Pays CEO Musk Nearly $1M for Controversial D&O Insurance Arrangement July 1, 2020 By Dana Hull Tesla Inc. is making a one-time payment of almost $1 million to Chief Executive Officer Elon Musk related to a...
Tennessee Again Extends COVID-19 State of Emergency July 1, 2020 By Kimberlee Kruesi Gov. Bill Lee on Monday extended the state of emergency for another two months as Tennessee continues to see large...
Insurity Acquires Epic-Premier Insurance Solutions of Florida July 1, 2020 Insurity, Inc., a provider of cloud-based core systems and data analytics for insurers, brokers, and MGAs, has completed the acquisition...
UK Proposals for Financial Services ‘Unacceptable:’ EU Brexit Negotiator July 1, 2020 By Huw Jones LONDON – British proposals to give the City of London access to the European Union are “unacceptable” because they seek...
World Insurance Associates Acquires Pinnacle Insurance Group of Indiana July 1, 2020 World Insurance Associates LLC (WIA) has acquired Pinnacle Insurance Group of Indiana. Terms of the transaction were not disclosed. Since...