State Auto Labs Launches $25 Million Innovation Venture Fund September 26, 2017 State Auto Labs Corp., the innovation arm of Columbus, Ohio-based State Automobile Mutual Insurance Co., has launched a $25 million...
S&P Says Latest Republican Health Plan’s Flexibility for States Comes at Cost to Economy September 26, 2017 A report by Standard & Poor’s Global Ratings said on Monday that the Senate Republicans’ latest proposed healthcare bill designed...
Ex-Water Corporation Boss in New Jersey Gets 8 Years for $1M Fraud September 26, 2017 The former head of a not-for-profit corporation formed to oversee the water services for Newark, N.J., was sentenced on Friday...
Maine’s The MEMIC Group Appoints Payne as Senior Vice President of External Affairs September 26, 2017 Workers’ compensation specialist The MEMIC Group, based in Portland, Maine, has appointed Anthony Payne as senior vice president of external...
Massachusetts’ AG Healey Announces Data Breach Bill Following Equifax Hack September 26, 2017 After bringing the nation’s first enforcement action against Equifax for its failure to protect the personal information of nearly three...
Pioneer Underwriters & Lloyd’s MGA Asta Get Initial Nod to Set Up Lloyd’s Syndicate September 26, 2017 Pioneer Underwriters and Asta, the third party managing agent at Lloyd’s, announced they have received “in principle” approval from Lloyd’s...
Insured Losses in Caribbean from Hurricane Maria Estimated at $40B-$85B: AIR September 26, 2017 Industry insured losses for Hurricane Maria in the Caribbean will be between US$40 billion and US$85 billion, according to catastrophe...
Lloyd’s Appoints SCOR’s Mitchell-Wallace as Head of Risk Aggregation September 26, 2017 Lloyd’s, the specialist insurance and reinsurance market, announced Dr. Kirsten Mitchell-Wallace has been appointed as the head of Risk Aggregation....
AXIS Capital to Complete Acquisition of Novae Group in October September 26, 2017 AXIS Capital Holdings Ltd. said it will complete its acquisition of London-based Novae Group plc in two phases, beginning with...
10 People Arrested in Florida for $500K Accident Solicitation Scheme September 26, 2017 Five Florida attorneys and five of their accomplices are accused in a patient-brokering scheme that brought in more than a...