Liberty Mutual & China’s Sanpower Group Form P/C Joint Venture August 16, 2016 Liberty Mutual Insurance and Sanpower Group Co. Ltd., one of China’s leading private enterprises, announced they have agreed to create...
CEO Tells Jury GM Failed to Diagnose Ignition Switch as Safety Defect August 16, 2016 By Margaret Cronin Fisk and Laurel Calkins General Motors Co. failed to designate a flawed ignition switch linked to multiple deaths and injuries as a safety concern,...
Maine Denies Progressive’s Appeal to Raise Premiums for Older Drivers August 16, 2016 By Elizabeth Blosfield Maine Bureau of Insurance Superintendent Eric Cioppa has denied Progressive’s request to raise auto insurance rates for new customers above...
List of 20 Hotels in 10 States Believed Hit by Hackers August 16, 2016 Twenty Hyatt, Sheraton, Marriott and Westin hotels in 10 states and the District of Columbia may have been targeted by...
Yellow Fever Outbreak in DR of Congo Could Spread Across Globe, Charity Warns August 16, 2016 By Umberto Bacchi An outbreak of yellow fever that has killed hundreds of people in central Africa could spread across the world, an...
RFIB Launches Transaction Solutions Division, Names Wilson as Division Head August 16, 2016 RFIB Group Ltd., the international Lloyd’s insurance and reinsurance broker, has launched a Transaction Solutions business with the appointment of...
BHSI & Tego to Provide Medical Indemnity Cover for Doctors in Australia August 16, 2016 Berkshire Hathaway Specialty Insurance Co. (BHSI) and Tego Insurance announced they have entered into an exclusive underwriting agreement to provide...
Further Simplifying, AIG to Sell United Guaranty to Arch for $3.4 Billion August 16, 2016 By Sonali Basak and Katherine Chiglinsky American International Group Inc. agreed to sell mortgage insurer United Guaranty Corp. to Arch Capital Group Ltd. as Chief Executive...
Zurich Extends Security, Privacy Coverage to Captives August 16, 2016 Zurich Insurance has expanded its cyber insurance product to companies and their captives to protect against risks associated with data...
Security First Insurance in Florida Forms Regulatory Compliance Department August 16, 2016 Security First Insurance Company has expanded and added new positions to its Ormond Beach, Fla.-based headquarters. According to Werner Kruck,...