Update: UK Insurer RSA Receives $9.4B Takeover Offer From Intact Financial, Tryg November 5, 2020 By Carolyn Cohn and Pamela Barbaglia RSA is in talks with a consortium of Canadian insurer Intact Financial and Danish insurer Tryg about a possible break-up...
Cincinnati Global Picks Hernandez, Seakens to Lead 2 New Business Lines November 5, 2020 Cincinnati Financial Corp.’s London-based global specialty underwriting subsidiary, Cincinnati Global Underwriting Ltd., will begin writing two new lines of business:...
Michigan Insurance Agent Charged with $375K Client Theft November 5, 2020 A Howell, Michigan, insurance agent has been charged with embezzlement and conducting a criminal enterprise, among other felonies, according to...
Amini, General Counsel of Oklahoma Insurance Department to Retire November 5, 2020 Gordon Amini, general counsel of the Oklahoma Insurance Department, will retire at the end of the year. During his 43-year...
Georgia Supreme Court Disputes Immunity Ruling in Stun Gun Death November 5, 2020 Georgia’s highest court on Monday found that a lower court was wrong to grant immunity from prosecution to three sheriff’s...
Chicago Scrap Shredder to Pay $18K Fine and Improve Safety, Pollution Prevention November 5, 2020 A Chicago scrap shredder with a history of pollution problems has agreed to pay an $18,000 fine and make improvements...
Companies to Pay $70K to Settle Harassment, Retaliation Suit Filed in Texas November 5, 2020 Federal officials in San Antonio say a pair of construction-related companies have agreed to pay $70,000 to settle a sexual...
RMS: Total Onshore U.S. Insured Zeta Losses Could Rise to $5B November 5, 2020 Catastrophe risk modeler RMS has estimated that insured on losses from Hurricane Zeta could rise to as high as $5...
Liability, Safety and Infrastructure Concerns Slow Development of Self-Driving Cars November 5, 2020 By Will Kaufman Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying,...
Former Insurance Agent Charged, Has License Permanently Revoked in Wisconsin November 5, 2020 A former insurance agent in Wisconsin charged with violations of insurance laws has had his license permanently revoked and must...