New Jersey Men, Associated Companies Charged in $1.4M Insurance Fraud Scheme March 28, 2019 Four New Jersey men and six of their associated businesses were charged with first-degree conspiracy and money laundering in connection...
New Hampshire’s The Concord Group Promotes McCabe, Nolin March 28, 2019 The Concord Group Insurance Companies has appointed Daniel L. McCabe as the president and CEO of the Concord, N.H.-based company....
Brexit Political Impasse Deepens Even with Prime Minister’s Offer to Quit March 28, 2019 By Robert Hutton, Alex Morales and Tim Ross Britain’s political standoff over Brexit escalated further, with even Theresa May’s announcement that she’ll quit as prime minister doing nothing...
Supreme Court May Overturn Tradition of Courts Deferring to Regulatory Agencies March 28, 2019 By Greg Stohr and Jennifer A. Dlouhy The U.S. Supreme Court’s conservative justices expressed doubts about a precedent that business groups and the Trump administration say gives...
HDI Global Specialty to Launch Australia General Aviation Team, Led by QBE’s Bowes March 28, 2019 HDI Global Specialty SE – Australia, the new specialty lines insurer, has recruited Jamie Bowes as head of Aviation as...
UK Insurers Pay Record £1 Million ($1.3 Million) Each Day for Vehicle Thefts: ABI March 28, 2019 A surge in vehicle thefts, including keyless car crime, has led to motor insurers paying out a record £1 million...
SCOR Investment Partners Promotes Rostan as Head of Insurance-Linked Securities March 28, 2019 SCOR Investment Partners announced the promotion of Sidney Rostan as head of Insurance-Linked Securities (ILS), effective April 1, 2019. Sidney...
Neon Leads New London Political Risks Consortium, Offering $100M Limit Per Policy March 28, 2019 Specialist Lloyd’s insurer Neon announced it will lead a newly established London Political Risks Insurance Consortium, with MS Amlin becoming...
Engine Failure on Luxury Cruise Ship Blamed on Low Level of Engine Lubricating Oil March 28, 2019 The engines of a luxury cruise ship that narrowly escaped disaster during a storm off Norway on Saturday failed because...
China Pledges Expanded Market Access for Foreign Investors in Banking, Insurance March 28, 2019 By Kevin Yao and Dominique Patton China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector,...