Driver Deaths Rose 6% in 2016, Topping 40,000 February 17, 2017 By Ryan Beene U.S. motor vehicle accident deaths last year topped 40,000 for the first time since 2007 as cheap gasoline and a...
Global Insurance Rate Decreases in Q4 Slowed for 4th Consecutive Quarter: Marsh February 17, 2017 Global insurance rate decreases moderated on average for the fourth consecutive quarter, down 3.1 percent (compared to the previous quarter’s...
The Concord Group Insurance Companies in New Hampshire Hires McCabe February 17, 2017 The Concord Group Insurance Companies, a Concord, N.H.-based insurance carrier, has announced that Daniel L. McCabe has joined the senior...
Beazley Taps Markel’s Tewfik as Underwriter for UK Tech & Data Breach Team February 17, 2017 Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business...
Ratings Agencies Uphold Their Ratings on AIG February 17, 2017 Despite American International Group’s poor 2016 fourth quarter earnings performance, Fitch Ratings and Standard & Poor’s both have affirmed the...
Verisk Buys Healix Risk Rating, UK-Based Medical Risk Assessment Firm February 17, 2017 Verisk Analytics has snatched up Healix Risk Rating, a company focused on automated medical risk assessment for the travel insurance...
Zurich Insurance in APAC Creates New Commercial Insurance Structure February 17, 2017 Zurich Insurance has created a new structure for its Commercial Insurance business in Asia Pacific (APAC), following the combination of...
Carnegie-Brown to Become Chairman of Lloyd’s, Succeeding Nelson: Sources February 17, 2017 By L.S. Howard Bruce Carnegie-Brown, former CEO of Marsh Europe and non-executive chairman of Aon UK, will shortly be named the new chairman...
Woodruff-Sawyer in California Names Cartwright Practice Leader February 17, 2017 San Francisco, Calif.-based Woodruff-Sawyer & Co. has named Darren Cartwright claims auditing and consulting practice leader. Cartwright will be responsible...
Allianz Posts Higher than Expected Q4 Profit; Plans $3.2B Share Buyback February 17, 2017 Allianz, Europe’s largest insurer, proposed spending 3 billion euros ($3.2 billion) on buying back its own shares on Thursday after...