PG&E Still Has No Estimate on Compensating California Wildfire Victims May 1, 2019 Pacific Gas & Electric Corp.’s top financial executives said during a bankruptcy meeting Monday they still haven’t determined when the...
WTW Names Richardson UK & Ireland Leader, Insurance Consulting & Technology Unit May 1, 2019 Willis Towers Watson announced that Tammy Richardson will take on the role of UK and Ireland leader for life and...
Fred C. Church Insurance Names Lucas Director of Business Development May 1, 2019 Fred C. Church Insurance, a Lowell, Mass.-based independent insurance agency, has named George H. Lucas as director of Business Development....
Connecticut Crumbling Foundations Entity Halts Approval of New Work May 1, 2019 The entity overseeing distribution of state funds to help Connecticut homeowners with crumbling foundations has ceased authorizing new foundation construction...
Lloyd’s Aims to Halve Costs as It Modernizes Market Over Next 5 Years May 1, 2019 By Will Hadfield Lloyd’s of London plans to halve the cost of buying insurance through the 330-year-old market as part of a strategy...
Nursing Home in Connecticut Sued Over Strangling of 76-Year-Old Patient May 1, 2019 A Connecticut nursing home is being sued over the strangling death of a 76-year-old patient who police say was killed...
Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report May 1, 2019 By Gertrude Chavez-Dreyfuss Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to...
Will UK Insurers and Banks Be EU Rule Takers or Rule Makers, After Brexit? May 1, 2019 By Huw Jones A group of banks are directly feeding the British government ideas for a Brexit financial services trade deal, bypassing the...
Activist Hedge Fund Voce Urges Argo to Cut $100M in Expenses, Nominates Directors May 1, 2019 By Svea Herbst-Bayliss An activist hedge fund on Tuesday nominated five directors and urged insurance company Argo Group International Holdings Ltd to cut...
China Plans to Further Relax Rules for Foreign Banks and Insurers May 1, 2019 By Bloomberg News China will further relax rules for foreign banks and insurers of all sizes that plan to invest in the domestic...