MetLife U.S. Retail Spinoff Likely Over IPO: RBC Analysts August 24, 2016 By Katherine Chiglinsky MetLife Inc. may favor a spinoff of its Brighthouse Financial U.S. business rather than pursue an initial public offering of...
Italy Earthquake Unlikely to Trigger 200M Euro Cat Bond Cover: Investors August 24, 2016 A powerful earthquake in Italy on Wednesday is unlikely to force UnipolSai’s 200 million euro ($226 mln) catastrophe bond into...
Low Prices Ultimately Could Bite London Market Insurers: A.M. Best, PwC Reports August 24, 2016 By L.S. Howard The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under...
Lockton Hires Mercer’s Bailey for Washington D.C. Office August 24, 2016 Lockton Companies, a Kansas City, Mo., based insurance brokerage, has hired George Bailey as a senior vice president in its...
Besnia, Formerly with Chubb, Joins Great American Insurance August 24, 2016 Great American Insurance Group has hired Kerry Besnia as divisional vice president within its Property and Casualty Group. In his...
Traffic Fatalities Continue to Rise; Up 9% in First Half of Year August 24, 2016 Preliminary estimates from the National Safety Council indicate motor vehicle deaths were 9 percent higher through the first six months...
Vermont Law Tightens Regulation for Consumer Litigation Funding Companies August 24, 2016 By Todd Bryant A new Vermont law introduces changes to the legal requirements for consumer litigation funding companies in the state. These companies...
Safety Inspections of Thrill Rides Vary by State August 24, 2016 By Kathleen Foody, Erik Schelzig and Claire Galofaro In some parts of the U.S., the thrill rides that hurl kids upside down, whirl them around or send them...
U.K. Lawmakers Call for Ban on Plastic Microbeads, Citing Dangers to Food Chain August 24, 2016 By Thomas Seal U.K. lawmakers called for a ban on plastic microbeads used in products such as shaving gel, exfoliating scrubs and toothpaste,...
Update: Deadly Quake Hits Central Italy; Death Toll Continues to Rise August 24, 2016 By Lorenzo Totaro and Alessandra Migliaccio A powerful earthquake hit central Italy in the middle of the night, killing at least 120 people, in the latest...