Insurers with High Customer Ratings Rewarded with Higher Returns: Study July 7, 2016 Insurance companies that deliver a great customer experience are rewarded over the long-term by both consumers and investors, according to...
Confie Acquires 2 New York Agencies: Sprague in Corning; Mason in Hancock July 7, 2016 National insurance distribution firm Confie has acquired two insurance brokerages in New York State – Lloyd D. Sprague & Son...
Taiwan Readies for Typhoon Nepartak; AIR Worldwide Comments July 7, 2016 By Yu-Huay Sun Taiwan told schools and offices along its eastern coast to close early Thursday as Typhoon Nepartak threatens to unleash strong...
New York Agrees to ‘Principle-Based’ Reserving Rule for Life Insurers July 7, 2016 By Katherine Chiglinsky New York state’s top financial regulator, Maria Vullo, agreed to adopt new industry-supported reserve requirements for life insurers, departing from...
Citing Texas Cap, Judge Reduces Johnson & Johnson $500M Implant Verdict July 7, 2016 By Jessica Dye A U.S. judge has slashed a $500 million verdict against Johnson & Johnson and its DePuy unit over allegedly defective...
Hedge Fund Insurers Struggle in Crowded Market with Poor Investment Results: S&P July 7, 2016 By Sonali Basak Hedge fund firms that set up reinsurance companies will struggle because too many rivals had the same idea and investment...
Massachusetts City Settles Coerced Confession Claim for $2.1M July 7, 2016 The city of Worcester, Massachusetts has agreed to pay $2.1 million to a mother who said police officers coerced her...
Neon Selects TigerEye for U/W Analytics as It Grows Treaty Reinsurance Book July 7, 2016 Neon, the specialist Lloyd’s insurer, announced that it has selected TigerRisk Partners’ TigerEye platform as its pricing and roll-up tool...
AXA to Sell Serbian P/C and Life & Savings Units to Vienna Insurance July 7, 2016 AXA announced it has entered into an agreement with Vienna Insurance Group to sell both its Life & Savings and...
Hub International Buys Toronto-Based HSBI Benefits July 7, 2016 Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired HSBI Benefits Inc. Terms of the acquisition were...