Insurance News from April 07, 2016
National News
Here’s What’s Happening with Drug Costs in Workers’ Compensation
Overall pharmacy spending increased 2.2 percent for U.S. workers' compensation payers...
International & Reinsurance News
Fintech Revolution May Threaten 250,000 Jobs as Europe Insurers Seek Cost Cuts
The rush is on to replace people with software in Europe's insurance industry as cost...
Negative Outlook for Energy Insurers May Force Sector Exit: Willis Towers Watson
Catastrophe Reinsurance Prices Will Continue to Drop This Year: Swiss Re
AIG Weighs Cutting Nearly 125 U.K. Jobs, in Plan to Reduce Costs: Sources
Antares Lloyd’s Syndicate Partners with Iron-Starr, Ironshore’s Bermuda MGA
East News
The Hilb Group Acquires P.A. Post Agency in New Jersey
The Hilb Group, a middle market insurance agency based in Richmond, Virginia, announced...
West News
Lloyd’s America Chief Says E&S Sector ‘Best Kept Secret’
If insurance is the best kept secret in the business world, then the E&S sector is...
Southeast News
Mississippi Governor Signs Bill Regulating Ridesharing Services
Mississippi will regulate Uber, Lyft and other ride-hailing services on a statewide...
Texas / South Central News
Texas Teen’s Death Linked to Faulty Takata Air Bag, 10th in U.S.
A 10th person has died in a crash in the U.S. involving a ruptured Takata Corp. air-bag...
Midwest News
Motorcycle Helmet Exemption Bill Moves Forward in Missouri
Missouri lawmakers are advancing a bill to exempt motorcyclists who are 21 and older...