Credit Rating Downgrades on U.S. P/C Insurers Doubled in 2018, Says A.M. Best March 6, 2019 Credit rating downgrades in the U.S. property/casualty (P/C) insurance segment more than doubled year over year in 2018, reversing a...
Allianz Specialty Moves Ossena to U.S. to Head North American Marine Business March 6, 2019 Allianz Global Corporate & Specialty AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is...
Recording Indicates Amazon Cargo Plane Crew Lost Control Seconds Before Crash March 6, 2019 By Alan Levin Recorded conversations by pilots on a cargo jet carrying packages for Amazon.com Inc. that crashed last month near Houston reveal...
Employers May Have to Begin Reporting Gender Pay Data This Spring March 6, 2019 By Rebecca Greenfield, Jeff Green and Paige Smith Companies with more than 100 employees will have to report to the U.S. government data about how much workers are...
Aon Will Not Pursue Merger with Willis Towers Watson March 6, 2019 By Amy Thomson Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after...
Companies Still Learning About Fire Risks Around Robots March 6, 2019 By Katie Linsell and Ellen Milligan The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in...
FDA Warns of Asbestos in Claire Cosmetics; Seeks New Rules on Talc March 6, 2019 The U.S. Food and Drug Administration called on Congress to modernize rules for cosmetics safety on Tuesday after it issued...
New York Regulator Subpoenas Insurance Broker About Trump Organization March 5, 2019 By Katherine Chiglinsky, Greg Farrell and Shahien Nasiripour New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter...
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...