Chinese Insurance Spree Continues as China Oceanwide Bids $2.7 Billion for Genworth October 24, 2016 China Oceanwide Holdings Group Co. has agreed to purchase Genworth Financial Inc. in a $2.7 billion cash deal, joining a...
IIABNY Elects Zogby as National Director October 24, 2016 Independent Insurance Agents & Brokers of New York (IIABNY), a Dewitt, New York based organization representing independent insurance agents and...
Airbnb’s New York Fight Moves From Legislature to Courtroom October 24, 2016 By Joshua Brustein and Christian Berthelsen Airbnb Inc. is fighting to stay alive in the biggest rental market in the U.S. Hours after New York Governor...
Verisk Analytics Buys Canadian Real-Time Analytics Firm Analyze Re October 24, 2016 Data firm Verisk Analytics Inc. said it has acquired Halifax, Novia Scotia-based Analyze Re, a software analytics provider for the...
Former Chubb Executive Robusto to Succeed Motamed at CNA Next Month October 24, 2016 Former long-time Chubb executive Dino E. Robusto will assume the roles of chairman and chief executive officer on November 21,...
P/C Tech Firm, Xceedance, Opens London Office; Davies Heads EMEA Region October 24, 2016 Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve...
Willis Re and SpatialKey Partner to Launch European Windstorm App October 24, 2016 Willis Re, the reinsurance division of Willis Towers Watson, has collaborated with SpatialKey Inc. to launch a new European Windstorm...
Brazil Charges 21 with Homicide for Failing to Avert Samarco Mine Disaster October 24, 2016 By Marta Nogueira and Jeb Blount Brazilian prosecutors charged 21 people with qualified homicide on Thursday for their roles in the collapse of a tailings dam...
Neon Bermuda Taps Chubb’s Hunt to Become SVP, Property Insurance October 24, 2016 Neon announced it has appointed Dwayne Hunt to the role of senior vice president – Property Insurance, in Neon’s Bermuda...
Big Data Gathered by Twitter Monitoring Could Cut Premiums – and Erode Privacy October 24, 2016 By Brenna Hughes Neghaiwi When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing...