Update: Aon Considers Bid to Buy Willis Towers Watson March 5, 2019 By Ed Hammond, Matthew Monks and Katherine Chiglinsky Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry’s...
Pie Keeps Growing; Workers’ Comp Startup Raises $45 Million in Latest Round March 5, 2019 Pie Insurance, an insurtech selling workers’ compensation coverage online to small businesses, has completed a $45 million Series B funding...
Carmakers on Mobility Utopia: ‘Show Us the Money’ March 5, 2019 By Alexandra Semenova Jim Hackett’s first job at Ford Motor Co. was to figure out ways to make money that didn’t involve selling...
Trump Administration Allows Lawsuits Against Some Businesses in Cuba March 5, 2019 By Lesley Wroughton, Patricia Zengerle and Matt Spetalnick The Trump administration said on Monday it would allow lawsuits by U.S. citizens against dozens of Cuban companies and other...
Industry Eyes Renewal of U.S. Terror Reinsurance and Alternatives Should Congress Fail March 5, 2019 By Suzanne Barlyn U.S. insurers are pushing for the extension of a federal terrorism risk insurance program, hoping to fend off a possible...
Why Insurance Marketing Reps Are Still Worth the Money March 5, 2019 By Toni Campbell Here we go again — another cycle for having marketing representatives, or not. Let’s talk about the way it was...
NIP Group, AXA XL Partner on Greenhouse, Garden Center, Nursery Insurance Program March 5, 2019 NIP Group, Inc. has entered into an underwriting agreement with AXA XL on its GrowPro insurance program. GrowPro provides a...
Supreme Court Rules Railroad’s Payments to Injured Workers for Lost Wages Are Taxable March 4, 2019 By Andrew G. Simpson The Supreme Court has ruled that payments to injured employees for lost wages by a railway company are taxable under...
With Opioid Litigation Mounting, Purdue Pharma Exploring Bankruptcy: Reuters March 4, 2019 By Mike Spector and Jessica DiNapoli OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from thousands of lawsuits alleging...
Marsh Names AIG’s Bauer as Sharing Economy, Mobility Practice Leader March 4, 2019 Robert Bauer has joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. Bauer will focus on...