As Agents’ Needs Change and Startups Emerge, Big ‘I’ Looks to Remain Relevant June 26, 2017 By Andrea Wells Spencer Houldin is chairman of the nation’s largest and oldest agents’ association, the Independent Insurance Agents and Brokers of America...
Planned Sale of Israel’s Phoenix Holdings to China’s Yango Is Scrapped June 26, 2017 Israeli energy conglomerate Delek said its planned sale of a controlling stake in Israeli insurer Phoenix Holdings to China’s Fujian...
Whirlpool Fridge Started London’s Grenfell Tower Fire that Killed at Least 79 June 26, 2017 By Alex Morales and Charlotte Ryan A deadly fire that killed at least 79 people in a London tower block started in a Whirlpool Corp. fridge...
Everest Re Taps Hiscox’s Kelly to Lead International Casualty Facultative Unit June 26, 2017 Everest Re Group, Ltd. announced that Matthew Kelly has joined the group as vice president and head of the Reinsurance...
Allianz Sells Private Bank OLB to Private Equity Firm Apollo for $336M June 26, 2017 German insurer Allianz said it had agreed to sell its 90 percent stake in private bank Oldenburgische Landesbank (OLB) to...
General Motors Agrees to Settle Hundreds of Ignition Lawsuits June 26, 2017 General Motors Co. has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in...
Automakers Grapple with What To Do with Drivers in Autonomous Vehicles June 26, 2017 By David Shepardson Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay...
Former Flatiron, Cantor Fitzgerald Execs Launch Premium Financing Firm June 26, 2017 Denver-based National Partners, a new premium finance company, said that it will open for business and begin processing loans on...
In Biggest Data Breach Settlement Yet, Anthem to Pay $115 Million June 26, 2017 By Brendan Pierson Anthem Inc., the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about...
Florida Medical Marijuana Law Signed by Scott June 26, 2017 By Joe Reedy Florida Gov. Rick Scott signed legislation Friday to implement the medical marijuana amendment voters approved last year. Amendment 2, approved...