U.S. Warned to Expect More Superbug Cases in Coming Months July 12, 2016 By Ransdell Pierson After two confirmed U.S. cases of a superbug that thwarts a last-resort antibiotic, infectious disease experts say they expect more...
New York Gives Aetna-Humana Merger Green Light with Conditions July 12, 2016 By Zachary Tracer and Greg Farrell New York’s insurance regulator has conditionally approved Aetna Inc.’s $37 billion takeover of Humana Inc., one of the last state...
Allied World Europe Names Jacobs to Lead Casualty Operation in London July 12, 2016 Allied World Assurance Company Holdings AG announced that Allied World Europe has appointed Darren Jacobs as senior vice president, General...
Nerves on Edge After South China Sea Ruling; Insurance Rates Still Stable July 12, 2016 By Henning Gloystein and Keith Wallis Global oil and shipping markets reacted nervously on Tuesday after an international arbitration court ruled against Beijing’s claims across large...
Pauli Joins Strategy Meets Action July 12, 2016 Karen Pauli has joined Strategy Meets Action (SMA), the Boston-based insurance strategic advisory firm, as a principal. Pauli will support...
London Market’s Electronic Placing Platform Binds 1st Standalone Terrorism Risk July 12, 2016 London Market Group (LMG) announce that the first standalone terrorism risk was bound on PPL – the London Market’s electronic...
Rhode Island Arena Sued by 8 Acrobats Injured During Show July 12, 2016 Eight acrobats who plunged to the ground during a Ringling Bros. and Barnum & Bailey Circus act in 2014 are...
New Prime Minister ‘Must Protect’ London’s Financial Center in Brexit Talks July 12, 2016 By William James Britain’s next Prime Minister Theresa May must find ways to protect London’s financial sector as the country negotiates its exit...
Study: 43% of Insurers’ Prescription Payments Going to Specialty Drugs July 12, 2016 By Linda A. Johnson The latest study of medicine prices finds U.S. insurers’ spending on expensive prescription drugs nearly quadrupled from 2003 through 2014,...
Survey: Agents Value Carrier Underwriting More Highly Now Than 5 Years Ago July 12, 2016 By Andrea Wells A comparison of independent agent opinions five years ago to today shows how far the agency channel has come while...