Market Value of Insurers, Drugstores Drops on Amazon Plans to Sell Prescription Drugs November 17, 2020 By Cristin Flanagan The leading drugstores, drug distributors and health insurers lost about $22 billion in market value Tuesday after Amazon.com Inc. revealed...
Michigan Governor Says She Has Authority for Virus Stay-Home Order November 17, 2020 By David Eggert Michigan Gov. Gretchen Whitmer said on Nov. 16 she has the authority to issue a second stay-at-home order to curb...
All Risk’s Foley Named National Personal Lines Leader at Risk Placement Services November 17, 2020 Risk Placement Services (RPS) in Rolling Meadows, Ill., has hired Brian Foley to lead its National Personal Lines Practice. This...
HIIG in Houston Rebrands as Skyward Specialty Insurance Group November 17, 2020 Houston, Texas-based Houston International Insurance Group (HIIG) has changed its name to Skyward Specialty Insurance Group (Skyward Specialty). The company...
Kansas College Settles Discrimination Lawsuit Over Athlete Recruitment November 17, 2020 By Roxana Hegeman A small community college in northeast Kansas has settled a lawsuit accusing it of directing coaches to recruit more white...
Babineaux Named Chief Sales Officer at Louisiana’s Dwight Andrus Insurance November 17, 2020 Dwight W. Andrus Insurance Inc., based in Lafayette, La., has appointed Erroll “Charlie” Babineaux Jr. chief sales officer. Babineaux joined...
Cyber Security Top Concern for Businesses in ‘Age of Risk:’ Marsh & McLennan’s Glaser November 17, 2020 By Alwyn Scott Cyber security has emerged as the most pressing exposure for business confronting a new “age of risk,” topping the coronavirus...
Arch Insurance N. America Hires Former Guarantee CEO Ruschak as EVP, Surety November 17, 2020 Arch Insurance North America announced that Stephen Ruschak has been hired as executive vice president, Surety. Ruschak most recently was...
Zywave Snatches Up Advisen in Move to Accelerate Global Growth November 17, 2020 Insurance technology company Zywave snatched up Advisen, a global insurance data provider, in a deal expected to fuel more rapid...
Specialty Re/Insurer Convex Group Raises $1B in Additional Capital November 17, 2020 Specialty insurer and reinsurer Convex Group Ltd. announced it has secured commitments for an additional $1.0 billion of equity capital,...