Insurance Agencies’ Profitability Fell But Organic Growth Continued in 2018: Reagan March 4, 2019 Independent insurance agencies just closed the books on a year in which profitability fell slightly but they continued to grow...
Marsh, Jardine Lloyd Thompson Agree to Sell JLT’s Aerospace Unit to Gallagher March 4, 2019 Marsh & McLennan Cos. (MMC) and Jardine Lloyd Thompson (JLT) have entered into an agreement to sell JLT’s aerospace business...
Arch Promotes Executives to Innovation, Mortgage Insurance Leadership Roles March 4, 2019 Arch Capital Group Ltd. said it has made some strategic leadership changes affecting innovation and investment, and mortgage insurance. The...
Hidden Truth About Stolen Snowmobiles March 4, 2019 During the period Jan. 1, 2015, through Dec. 31, 2017, 1,592 snowmobiles were reported stolen — 506 in 2015, 549...
AM Best Revises Status to Developing For California Capital Insurance Co. and Subsidiaries March 4, 2019 AM Best has revised the implications of the under review status to developing from negative for the Financial Strength Rating...
Cyber Criminals’ Threats to Expose Employee’s Use of Adult Sites Emerges as New Cyber Risk: Beazley March 4, 2019 A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially...
Highway Fatalities Level Off After Years of Increasing Rates: National Safety Council March 4, 2019 For the first time since the Great Recession, the U.S. has experienced three straight years of at least 40,000 automobile-related...
California Department of Insurance Issues Cease and Desist Order for Benefits Firm March 4, 2019 The California Department of Insurance issued a Cease and Desist Order to NexGen Insurance Services Inc., Riverstone Capital LLC (dba...
Insurtech Investments Continued Climb in Q4: Willis Towers Watson March 4, 2019 There were 63 insurtech investment deals worth nearly $1.6 billion in the 2018 fourth quarter, according to a new Willis...
Declarations March 4, 2019 Medical Cannabis “There is incredible medicinal value associated with cannabis.” — Kentucky Gov. Matt Bevin, on supporting the legalization of...