Averse to Owning? Auto Subscription Services Bundle Car, Insurance, Maintenance September 5, 2018 By Michael Liedtke If you already subscribe to digital services like Netflix to binge on TV shows and Spotify to groove to an...
Marsh’s Fine Joins JLT Specialty’s Aerospace Team September 5, 2018 Broker JLT Specialty USA has named Bruce S. Fine as Global Aerospace Manufacturers and Infrastructure Industry leader. Based in Atlanta,...
Merrill Lynch Reverses Broker Fiduciary Rule Policy September 5, 2018 By Imani Moise Bank of America Corp.’s wealth management arm Merrill Lynch is reintroducing brokerage capabilities to its retirement accounts, reversing a policy...
JPMorgan Settles Black Advisers’ Job Bias Lawsuit for $24 Million September 5, 2018 By Max Abelson As racial diversity tumbles on Wall Street, JPMorgan Chase & Co. has reached a settlement with financial advisers who say...
State Farm Agrees to Pay $250 Million, Avoids Racketeering Trial September 4, 2018 By Jef Feeley, Margaret Cronin Fisk and Tim Bross State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried...
Prudential Joins Direct-to-Consumer Movement September 4, 2018 By Suzanne Barlyn Prudential is going straight to consumers with its insurance and investment products for the first time in its 143-year history,...
Enstar to Acquire Maiden Reinsurance North America September 4, 2018 An Enstar Group subsidiary has agreed to acquire Maiden Reinsurance North America from a subsidiary of Maiden Holdings. The net...
Judge Tosses Uber Investors’ Class Action Bid Over Stock Losses September 4, 2018 By Joel Rosenblat Uber Technologies Inc. and its former Chief Executive Officer Travis Kalanick defeated a lawsuit claiming the company swept illicit business...
AIR Worldwide and Capsicum Re Collaborate to Enhance Silent Cyber Models September 4, 2018 Catastrophe modeling firm AIR Worldwide (AIR) announced it is collaborating with reinsurance broker Capsicum Re to enhance the insurance industry’s...
CNA Names Accenture’s Costonis as Chief Operations Officer September 4, 2018 Commercial lines insurer CNA announced the appointment of Michael Costonis as chief operations officer. Costonis will lead all information technology,...