Two P/C Insurance Trade Groups — AIA and PCI — Plan to Merge June 20, 2018 By Andrew G. Simpson Two leading U.S. property/casualty insurance carrier trade groups are talking about merging. The American Insurance Association (AIA) and the Property...
Sulphuric Acid Leak at Vedanta India Copper Smelter Could Damage Environment June 20, 2018 By Sudarshan Varadhan Vedanta Ltd. said on Wednesday a sulphuric acid leak from a tank at its southern Indian copper smelter was severe...
Catastrophes Pushed Homeowners Insurers’ Combined Ratio Above 107 in 2017 June 20, 2018 After four years of sub-100 combined ratios for the U.S. homeowners insurers, the segment saw its combined ratio deteriorate to...
Boston to Sue Drug Companies Over Opioids Epidemic June 20, 2018 Boston is retaining a law firm to sue pharmaceutical companies for damages from the deadly opioid epidemic. Democratic Mayor Marty...
Small Businesses That Ignore Lessons from Cyber Attack Likely to Suffer Another: Hiscox June 20, 2018 While 47 percent of small businesses suffered at least one cyber attack in the past year, only 35 percent of...
The Hilb Group Adds Massachusetts’ BAR Insurance Brokerage June 20, 2018 The Hilb Group LLC (THG) has added Needham, Mass.-based BAR Insurance Brokerage Inc. (BAR). The transaction became effective June 1,...
Opioid Makers Endure Setback as Judge Lets New York Lawsuit Proceed June 20, 2018 By Jef Feeley Purdue Pharma LP, Johnson & Johnson and other opioid makers faced one of the first extensive reviews of their legal...
Correction: Safety Agency Orders Firm to Stop Selling Tesla Warning Reduction Feature June 20, 2018 By Alexa Green Correction: An earlier headline on this article incorrectly identified the product as Tesla’s. It is not; it is made by...
Hurricane-Proof Home Building Available But Pricey, Slow to Be Adopted June 20, 2018 By Christopher Flavelle In a private waterfront resort on the northern tip of Key Largo, nestled between tropical forest and the Caribbean, Eric...
Tokio Marine to Acquire Thai, Indonesian Operations of IAG for $390M June 20, 2018 Tokio Marine Holdings Inc. announced on June 19 it has entered into a definitive agreement to acquire Thailand and Indonesia...