Obama Expected to Veto Bill Allowing 9/11 Suits Against Saudis September 11, 2016 By Mike Dorning and Nafeesa Syeed The unopposed House vote Friday to allow families of Sept. 11 victims to sue Saudi Arabia begins a diplomatic nightmare...
Chipotle Quietly Settles Sick Customers’ Claims Out of Court September 9, 2016 By Tom Polansek Chipotle Mexican Grill has agreed to financial settlements with more than 100 customers who fell ill after eating at its...
QBE North America Names Allied World’s Oard to Lead Specialty Healthcare Practice September 9, 2016 QBE North America, has named Cynthia Oard as senior vice president, underwriting leader for Healthcare. Oard will will set the...
Insurance Marketing Group IMCA Elects Hargis as Chair September 9, 2016 The Insurance Marketing and Communications Association (IMCA) has elected Anna Hargis, director of advertising at Shelter Insurance, as chair of...
Willis to Pay $120 Million to Settle Claims Over Stanford Ponzi Scheme Role September 9, 2016 By Jonathan Stempel The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping...
Ex-AIG Chief Greenberg Won’t Surrender in 11-Year Old Reinsurance Fight September 9, 2016 By Chris Dolmetsch, Bloomberg Even at 91, former American International Group Inc. Chairman Maurice “Hank” Greenberg isn’t ready to quit fighting. Greenberg scrapped with...
‘Game Changing’ Climate Disclosure Guidelines Coming Soon September 8, 2016 By Don Jergler A global task force’s efforts to create new disclosure guidelines for the world’s financial industry – including insurers in the...
Allianz Expands Global Environmental Impairment Liability Team September 8, 2016 Allianz Global Corporate & Specialty (AGCS) is expanding its global Environmental Impairment Liability (EIL) team with new senior hires in...
Viewpoint: How Trade Agreements Could Help P/C Insurers in Global Market September 8, 2016 By Stephen Simchak The insurance industry and its consumers need to be concerned about the recent rise of protectionist policies in markets around...
Current State of P/C Insurance Agency Mergers and Valuations September 8, 2016 The number of insurance agency mergers and acquisitions in the first half of 2016 ranked as second-most-active six-month period since...