Why Small Mutual P/C Insurers, Insurtechs May Need Each Other: A.M. Best September 19, 2018 Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual property/casualty...
Americans’ Interest in Self-Driving Cars Goes in Reverse September 19, 2018 Less than half of Americans (43 percent) are interested in utilizing self-driving cars, down from 53 percent last year. According...
Drivers of Marsh & McLennan-JLT Deal: Too Much Capital, Not Enough Growth – Opinion September 19, 2018 By Chris Hughes, Bloomberg Opinion Too much capital and not enough growth. Faced with this ailment, the insurance sector is reaching for a costly remedy...
Democrats Want Trump Labor Board Member’s Recusal on Union Email Rule September 19, 2018 By Josh Eidelson Democratic U.S. senators led by Elizabeth Warren of Massachusetts urged a Trump administration labor board appointee to recuse himself from...
Marsh & McLennan Moved Quickly as Stars and People Aligned in JLT Deal September 18, 2018 By Andrew G. Simpson Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT)...
Top 10 Stolen Vehicles: Older Models Most Vulnerable September 18, 2018 Hondas that are 10 and 11-years old and even older Ford and Chevrolet pick-ups top the list of the most...
National Alliance Names Hold CEO; Will Also Succeed Father as President in 2 Years September 18, 2018 The Austin-based insurance education organization the National Alliance for Insurance Education & Research has appointed William J. Hold as chief...
Marsh & McLennan to Acquire Broker JLT September 18, 2018 By Ross Larsen Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its...
Thai Soccer Boys’ Cave Rescuer Sues Musk for Defamation September 18, 2018 By Jonathan Stempel Elon Musk, the chief executive of Tesla Inc., was sued for defamation on Monday for falsely suggesting that a British...
Hydroelectric Dams Operating at Peak to Manage Florence’s Floods September 18, 2018 By Jim Efstathiou Jr. Florence’s driving rains are forcing hydroelectric dam operators to run generators at full tilt and open flood gates that haven’t...