Hartford to Close on $2.1 Billion Acquisition of Navigators on May 23 May 16, 2019 The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on...
Commercial Insurance Prices Were Up 3% Globally, 1.1% in U.S. in Q1: Marsh May 16, 2019 Average global commercial insurance prices increased 3% in the first quarter of2019, according to broker Marsh. This represents the sixth...
A.M. Best Warns of Ratings Downgrades If Terror Reinsurance Act Not Renewed May 16, 2019 Property/casualty insurers that have relied heavily on the federal terrorism reinsurance program face the risk of rating downgrades if the...
Musk Battles Defamation by Tweet Claim Brought by British Diver May 16, 2019 A British diver who is suing Tesla CEO Elon Musk for defamation can’t recover damages because the diver allegedly started...
U.S. Blacklisting of China’s Huawei to Disrupt Global Technology Supply Chain May 16, 2019 By Sijia Jiang and Michael Martina The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global...
U.S. Delays Review of Spectrum for Vehicles to Communicate May 16, 2019 By David Shepardson Federal Communications Commission Chairman Ajit Pai on Wednesday delayed plans to begin in June a comprehensive review of a valuable...
Advisory Firms Urge ‘No’ Vote on AIG Execs’ Pay Packages May 16, 2019 By Suzanne Barlyn American International Group Inc. shareholders should vote against compensation packages for top executives at the insurer’s annual meeting next week,...
Highland Insurance Solutions Launches Contractors Equipment Coverage May 16, 2019 Highland Insurance Solutions has launched a new equipment product for contractors. The new policy form offers broad protection and scheduled...
HUB to Offer Risk, Compliance Services for Amateur Sports Industry May 15, 2019 Hub International Limited (HUB), a global insurance brokerage and Player’s Health, a risk management firm specializing in amateur sports, have...
Trump Readies Security Order Limiting Huawei, Other Foreign Telecoms May 15, 2019 By David Shepardson President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made...