Insured Natural Disaster Losses in 2017 Were 38% of Economic Costs of $353B: Aon January 24, 2018 Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of...
Business Coalition Challenges Fee on Montana Workers’ Comp Assets January 24, 2018 A business coalition is asking a judge to stop state officials from imposing a fee on assets of Montana’s workers’...
M7.9 Quake Jolted Alaska, No Tsunami January 24, 2018 By Mark Thiessen and Becky Bohrer A 7.9 magnitude earthquake struck off Alaska’s Kodiak Island early Tuesday, prompting a tsunami warning for a large swath of...
KKR-Backed Optiv Plans to Offer Cyber Security Services in Europe January 24, 2018 By Eric Auchard Optiv Security, an acquisitive Denver-based company backed by private equity firm KKR, is expanding into Europe where it will offer...
Lockton Promotes Goldstine to Lead U.S. Casualty Practice January 24, 2018 Global broker Lockton has appointed Debbie Goldstine to executive vice president and U.S. casualty leader. In this expanded role, Goldstine...
Ryan Specialty Group to Acquire New York’s Irwin Siegel Agency January 24, 2018 Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency...
Optisure Risk Partners Hires Sterrett as Life Practice Manager in Connecticut January 24, 2018 Optisure Risk Partners, based in Manchester, N.H., has hired Reid Sterrett as life practice manager, reporting directly to Optisure CEO...
Hartford InsurTech Hub Announces Partnership with Crawford & Company January 24, 2018 Hartford InsurTech Hub, powered by Startupbootcamp, has announced a partnership with Crawford & Company, a publicly listed independent provider of...
New York City Sues Drug Companies Over Opioid Epidemic January 24, 2018 By Nate Raymond and Jonathan Stempel New York City on Tuesday sued eight companies that make or distribute prescription opioids, blaming them for fueling a deadly...
QBE Expects US$1.2B Loss in 2017 from ‘Unprecedented’ Natural Catastrophes January 24, 2018 By L.S. Howard QBE announced to the market this week that it expects a US$1.2 billion after-tax loss in 2017 on “unprecedented” natural...