The middle-aged white woman told the audience of mostly older white male businessowners that much of the country and many of their future customers don’t look like them or necessarily share all their values. While whites make up 64 percent …
Travelers Companies, which acquired Dominion of Canada General Insurance in 2013 and increased its ownership stake in its joint venture in Brazil in 2012, is likely to continue expanding internationally. In his annual letter to shareholders, Travelers CEO Jay Fishman …
Bermuda-based Endurance Specialty Holdings Ltd. today offered to buy Aspen Insurance Holdings Limited, also based in Bermuda, for $3.2 billion, or $47.50 per Aspen share, in a hostile takeover. The combined company would have more than $5 billion of combined …
News flash: a conservative and a liberal in Washington agree — on quite a few matters, in fact. Before an audience of independent insurance agents last Friday, conservative commentator Tucker Carlson and liberal commentator Paul Begala agreed that the coming …
Illinois-based global insurance broker Arthur J. Gallagher & Co. reported 20 percent growth in total revenues for its brokerage and risk management units combined along with four percent growth in organic commissions and fees in the first quarter. The broker …
Nationwide Mutual Insurance Co., which has used the “On Your Side” slogan in its marketing and advertising since 1966, is suing a small Tennessee public adjusting firm that goes by the name On Your Side Adjusters Inc. for trademark infringement. …
Compared to some previous years, there were not a lot of mergers in the property/casualty carrier space in 2013 but there were some interesting ones. Major carrier transactions included specialty insurer Markel’s acquisition of reinsurer Alterra for $3.1 billion and …
The Senate today went along with the House of Representatives by passing a bill to reverse flood insurance reforms and curb flood insurance premium increases. The Senate approved H.R. 3370, the “Homeowner Flood Insurance Affordability Act of 2013,” by Sen. …
Workers’ compensation must align itself with the rest of the changing healthcare system to avoid increased cost-shifting by workers and medical providers, according to an economist involved in the Massachusetts and Obama administration healthcare reforms. Jonathan Gruber, professor of economics …
Nationwide Mutual Insurance Co.’s use of the slogan “On Your Side” constitutes false and deceptive advertising because the insurer does not represent insureds as the slogan implies, according to the Tennessee adjuster who is in a trademark battle with the …
