ACE and Chubb Are Now One; New Chubb Brand Logo Unveiled January 15, 2016 By Andrew G. Simpson ACE Limited completed its acquisition of Chubb yesterday, creating the world’s largest publicly traded property/casualty insurance company. ACE paid approximately...
U.S. to Ease Safety Rules to Accelerate Driverless Cars January 15, 2016 By Jeff Plungis f- Self-driving cars will get closer to appearing on American roads under a U.S. Transportation Department plan to speed their...
Douglas at Willis Towers Watson Receives High U.K. Honor January 15, 2016 Willis Towers Watson announced that Rowan Douglas, head of Willis Towers Watson’s Capital Science & Policy Practice, has been made...
Liberty Mutual Completes Chile M&A; Cámbara Named CEO of Chile Operations January 15, 2016 Liberty Mutual Insurance named Fernando Cámbara Lodigiani as CEO of its Chile operations following its acquisition of approximately 99.6 percent...
Insured Losses from U.K. Storm Desmond Estimated at $1.1 Billion: PERILS January 15, 2016 The initial estimate of the insured property market loss for flood damage caused by storm Desmond during Dec. 4-24, 2015...
Brazil Police Accuse Vale, Samarco of Environmental Crime for Mine Disaster January 15, 2016 By Yasmine Batista Brazil’s Federal Police accused Vale SA and its Brazilian joint venture with BHP Billiton Ltd of environmental crime related to...
U.S. Safety Officials Push Self-Braking Technology for Cars, Trains, Trucks January 15, 2016 By Alan Levin Safety officials want to see more technology used to reduce accidents on U.S. roads, airways and railroads. In its annual...
The Struggle Getting U.S. Regulators to Understand Insurance January 15, 2016 By Susanne Sclafane The designation of MetLife as a systemically important financial institution by the Financial Stability Oversight Council is a done deal....
Winter Weather Leads to 55 Accidents in 5 Hours in West Virginia January 15, 2016 Officials in Monongalia County, West Virginia, say a winter storm combined with dozens of traffic accidents kept many students away...
Former NAPSLO President Kurt Bingeman Passes Away January 14, 2016 Kurt Bingeman, a former president of the National Association of Professional Surplus Lines Offices Ltd., passed away at his home...