Cyber Risk Is Putting Pressure on Property Insurance Underwriters November 6, 2017 By Elizabeth Blosfield Property underwriters are feeling the pressure as cyber has become an increasing source of risk within the property insurance industry,...
London Market’s IUA Warns Against Expansion of EU Motor Insurance Directive November 6, 2017 The European Motor Insurance Directive (MID) should not be extended to include liability for accidents on private property, warned the...
BMW Recalls 1 Million Vehicles for Fire Risks November 6, 2017 By David Shepardson BMW AG said on Friday it is recalling about 1 million vehicles in North America for two separate issues involving...
Breitstone Named CEO of Massachusetts Insurtech Company Goji November 6, 2017 Peter Breitstone, a former senior executive at Insureon, Aon and Zurich, was named CEO of Goji, a Boston, Mass.-based, technology-enabled...
Massachusetts Chicken Eatery Owner Sentenced for Fraud November 6, 2017 A New York man who had an ownership stake in 11 fried chicken restaurants in the Boston, Mass., area has...
Five Rhode Island Residents Charged in Fake Opioid Prescription Scheme November 6, 2017 Federal authorities say five Rhode Island residents have been charged with participating in a scheme to create fake prescriptions for...
Eastern Insurance Group in Massachusetts Promotes Tucker November 6, 2017 Eastern Insurance Group has promoted Katelyn Tucker to vice president and benefits account executive at Eastern Benefits Group, the insurance...
CVS, Aetna Could Close $70B Merger Deal as Soon as December November 6, 2017 By Greg Roumeliotis and Carl O'Donnell U.S. pharmacy operator CVS Health Corp. and health insurer Aetna Inc. are working toward finalizing merger terms and announcing a...
Berkshire Insurance Units Take Q3 Hit from U.S. Hurricanes, Mexico Earthquake November 6, 2017 By Jonathan Stempel Bad weather hurt Warren Buffett’s Berkshire Hathaway Inc. in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma...
London Market’s Placing Platform, PPL, Adds P/C Lines to Growing Roster of Risks November 6, 2017 PPL, the London market’s electronic placing platform, announced that property/casualty risks now can be bound on the platform. The PPL...