UK-Based BMS Group Launches Asia Broking Operations with M&A Insurance Focus January 5, 2021 BMS Group Ltd., the London-based independent specialist insurance and reinsurance broker, announced the launch of its Asia broking operations, headquartered...
Abundant Capital Led to Moderated Price Hikes During January Renewals: Carpenter January 5, 2021 Price increases at the Jan. 1, 2021 reinsurance renewals were moderated compared to initial expectations as a result of abundant...
S. Africa Medical Insurers, Business Groups, Government to Fund Vaccines for Uninsured January 5, 2021 By Antony Sguazzin South African medical-insurance companies, business organizations and the government are developing a program in which the private sector will help...
Florida Court Upholds Policyholder Right to Assign Benefits January 5, 2021 By Jim Sams An appellate court in Florida has upheld the right of policyholders to assign their right to collect benefits from an...
Iowa Supreme Court Bars Punitive Damages in Excessive Force Cases January 5, 2021 By Ryan J. Foley The Iowa Supreme Court on Dec. 31 severely limited the financial damages that can be awarded for injuries and deaths...
Zern Picked to Lead Ryan Specialty Benefits in Chicago January 5, 2021 Ryan Specialty Group LLC (RSG), based in Chicago, has added John Zern as president and chief executive officer of Ryan...
Riskiest Counties for Natural Disasters Are Not Always Where People Think January 5, 2021 By Seth Borenstein Spending her life in Los Angeles, Morgan Andersen knows natural disasters all too well. In college, an earthquake shook her...
Insurance Leaders Among Those Urging Congress to Certify Biden Win Without Delay January 5, 2021 By Andrew G. Simpson Several leaders of the insurance industry joined nearly 200 New York corporate executives in a letter urging members of Congress...
World’s Largest Insurers 2020: AM Best Ranks UnitedHealth, Allianz on Top January 5, 2021 UnitedHealth Group Inc. takes the top spot in AM Best’s ranking of the world’s 25 largest insurance companies for a...
Amazon, Berkshire, JPMorgan Closing Down Joint Healthcare Venture January 4, 2021 By Manas Mishra The healthcare joint venture of Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co., will cease to exist at...