Update on Puerto Rico Disaster Recovery February 28, 2020 By Danica Coto The newly appointed U.S. official charged with overseeing disaster recovery in Puerto Rico said this week that while the pace...
Q4 Earnings Briefs: State Auto, National General, Donegal, Safety, Protective February 28, 2020 State Auto Financial State Auto Financial Corp. (STFC) reported fourth-quarter net income of $32.7 million, after reporting a loss in...
Opioid Firms Warn Lawyers’ Bid for 7% Fee Jeopardizes Settlement February 28, 2020 By Tom Hals and Nate Raymond Johnson & Johnson and other drug companies facing thousands of lawsuits over their role in the opioid epidemic have warned...
Global Insurers Face Hefty Claims If Coronavirus Forces Olympics Cancellation February 28, 2020 By Noor Zainab Hussain and Carolyn Cohn Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates...
Nationwide, Generali Form Joint Venture N2G to Sell Multinational Commercial Lines February 27, 2020 Trieste, Italy meet Columbus, Ohio. Ciao! Hello! Two large insurers — Ohio’s Nationwide and Italy’s Generali — are teaming up...
Time Is Now for Agents to Address Privacy of Customer Data February 27, 2020 By Tom Wetzel New regulations, insurer pressure and growing consumer alarm about online security will force agents to act this year to protect...
IMA Group Acquires Behavioral Health Firm PsyBar February 27, 2020 Tarrytown, N.Y-based employment services firm The IMA Group (IMA) has acquired PsyBar, a specialty provider of behavioral health, independent medical...
Congress Urged to Uphold, Not Override, State Privacy Laws February 27, 2020 By Nandita Bose California Attorney General Xavier Becerra on Tuesday sent a letter to four top U.S. lawmakers urging them not to pre-empt...
Supreme Court Rejects Stricter Deadline for Employee Claims Against Retirement Plans February 27, 2020 By Andrew Chung The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement,...
Broker Investor Group Selects 12 Insurtechs for First Cohort February 27, 2020 BrokerTech Ventures, an investor group and accelerator program led by nine insurance brokerages, has selected 12 insurtechs for its first...