Update: Volkswagen’s U.S. Diesel Settlement Tab to Top $15 Billion June 27, 2016 By David Shepardson and Joel Schectman German automaker Volkswagen AG will pay more than $15.3 billion to settle charges that it cheated on U.S. diesel emissions...
NFP Completes Sale of Majority Stake in Kestra Financial to Stone Point Capital June 27, 2016 NFP, an insurance broker and consultant, has completed the sale of a majority stake in Kestra Financial (Kestra) to funds...
Wedding Vendors Account for Most Costly Claims: Travelers June 27, 2016 Problems with vendors amounted to 30 percent of claim payments for all wedding claims, according to Travelers Companies, Inc. which...
Putting Drone Deliveries of Disaster Relief to the Test June 27, 2016 By Bruce Shipkowski and Dake Kang How to distribute lifesaving supplies quickly and safely after a natural disaster has long been a puzzle for responders. Now,...
How Led Zeppelin ‘Stairway’ Win Could Affect Music Copyright Liability June 27, 2016 By Edvard Pettersson Led Zeppelin’s victory over allegations the band stole the opening chords of “Stairway to Heaven” may reverse the swell in...
All Risks Adds New Classes for Occupational Accident Product June 27, 2016 All Risks, Ltd., an independent wholesaler, has added a variety of new classes for its occupational accident product, which is...
IBHS Receives 2016 IMCA Innovation Torchbearer Award June 24, 2016 The Insurance Institute for Business & Home Safety (IBHS) received the 2016 Innovation Torchbearer Award from the Insurance Marketing &...
Alliant’s Mondshine Joins USI Insurance as Personal Risk Operations Director June 24, 2016 Karen Mondshine has joined the national insurance broker USI Insurance Services as as the national director of personal risk operations....
Authors, Backers of Dodd-Frank Criticize Court for Cutting MetLife ‘Too-Big-To-Fail’ Tag June 24, 2016 By Dena Aubin and Lisa Lambert A federal court’s striking down of the government’s designation of insurer MetLife Inc as “too-big-to-fail” could undermine efforts to head...
ERMI Launches Pollution Protection Product for M&A Transactions June 24, 2016 Environmental Risk Managers, Inc. (ERMI) has announced a new product to address exposures related to business & property transactions. The...