Hancock Takes Over at AIG After Benmosche’s ‘Great Leadership’: Miller September 2, 2014 By Zachary Tracer The leadership transition at insurer American International Group Inc. is like switching generals after winning a war, Chairman Steve Miller...
JLT Group Expands U.S. Specialty Reach, Merges JLT Specialty, Lloyd & Partners September 2, 2014 Jardine Lloyd Thompson Group plc (JLT) a global providers of insurance, reinsurance and employee benefits related advice, brokerage and associated...
Friedlander Elected President of IMCA September 2, 2014 Mark Friedlander of The Main Street America Group has been elected president of the Insurance Marketing & Communications Association (IMCA)....
Halliburton Agrees to $1.1 Billion Gulf Oil Claims Settlement September 2, 2014 By David Wethe, Laurel Calkins and Margaret Cronin Fisk Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest...
No ‘Significant’ Cyber Attacks on Banks, Says Bank Group September 2, 2014 By Jim Fink An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any...
Tower Group Reports SEC Has Launched Probe September 1, 2014 Tower Group International Ltd., which is in the process of being acquired by ACP Re Ltd., reported that it had...
Cyber Attacks on Banks Color Terrorism Insurance Renewal Debate September 1, 2014 By Carter Dougherty Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t...
GetMyBoat Boat Rental Service Launches Boat Rental Insurance August 29, 2014 GetMyBoat, a global peer-to-peer and boat rental and charter marketplace, has launched a global boat rental insurance product. Customized coverage...
A.M. Best Downgrades Tower Group Again August 29, 2014 Tower Group International must deal with more ratings downgrades from A.M. Best, spurred by its soaring net losses and uncertainty...
Ugly Is Beautiful for Hurricane Forecaster August 29, 2014 By Brian K. Sullivan When it comes to Atlantic hurricanes, brief and ugly is beautiful, at least to Phil Klotzbach, lead author of Colorado...