How to Gain ‘Digital Trust’ of Employees in Age of Internet of Things January 5, 2017 Employers will need to accept tradeoffs to foster “digital trust” with employees if they want to gather the workplace data...
New Hurricane Research Looks Like Good News for Atlantic Coast January 5, 2017 Active Atlantic hurricane periods, like the one now, are not necessarily a harbinger of more, rapidly intensifying hurricanes along the...
Duck Creek Technologies Acquires Data Management Software Firm Yodil January 4, 2017 Duck Creek Technologies, a Boston-based provider of core system cloud services and software to the global property/casualty insurance industry, said...
24 Independent Insurance, Benefits Agencies Form National Brokerage, Alera Group January 4, 2017 There is a new national independent insurance brokerage and wealth management firm that opens its doors with more than 20,00...
Judge Halves Jury’s $1 Billion Punitive Damages Award in J&J Hip Implant Case January 4, 2017 By Jef Feeley Johnson & Johnson won a ruling cutting almost in half a $1.04 billion jury award to patients who accused the...
AIG Completes Sale of Mortgage Unit to Arch Capital for $3.4 Billion January 4, 2017 American International Group said it has completed the $3.4 billion sale of its mortgage guaranty unit to Arch Capital Group....
National Flood Insurance Program Secures $1 Billion in Reinsurance for 2017; 25 Reinsurers Participate January 3, 2017 For just the second time in its history, the federal government’s National Flood Insurance Program (NFIP) has reinsurance to help...
PotashCorp’s Seaman Takes Helm as 2017 RIMS President January 3, 2017 The risk management society RIMS announced that Nowell R. Seaman will lead the group as president for the 2017 term,...
Correction: Brown & Brown’s Hull Acquires Insurance House Commercial MGA Business January 3, 2017 Hull & Co., a wholesale insurance subsidiary of giant Brown & Brown, has acquired the commercial managing general agency operations...
The Hartford Signs $1.5 Billion Reinsurance Deal Covering Asbestos Liability January 3, 2017 The Hartford has signed a reinsurance agreement effective Dec. 31, 2016 with National Indemnity Co. (NICO), a subsidiary of Berkshire...