ACE to Acquire Chubb in $28.3 Billion Deal July 20, 2015 By Andrew G. Simpson In a major transaction, ACE Limited has agreed to acquire The Chubb Corp. for $28.3 billion in cash and stock....
What Insurers Want to Know When Considering Wearable Devices July 20, 2015 By Denise Johnson In a recent blog on the subject, Mark Breading, a partner at SMA, weighed whether wearables would hurt or benefit...
Expanding Your Sales Portfolio? Give LTCI a Second Look July 20, 2015 By Brian I. Gordon and Murray A. Gordon If you don’t offer your clients long term care insurance (LTCI), you may be missing out. This rapidly-evolving product is...
Liberty International to Expand Chilean Business with Purchase of Penta Security July 13, 2015 Liberty International Holdings Inc., member of the Liberty Mutual Insurance Group, announced the expansion of its presence in Chile by...
Amtrak Concedes to Liability in Philadelphia Train Derailment Cases July 13, 2015 By David Voreacos and Edvard Pettersson Amtrak said it will concede that it’s liable for most damages caused by the May 12 train derailment in Philadelphia...
Lehman Exec Defeats Employee Lawsuit Over Retirement Losses July 13, 2015 By Jonathan Stempel A U.S. federal judge on Friday dismissed a lawsuit by former Lehman Brothers Holdings Inc employees seeking to hold onetime...
Law Firms Face Large Malpractice Claims as Risks Grow: Study July 10, 2015 As law firms adjust to the realities of the current business environment, they continue to fall victim to malpractice claims,...
Cell Phone Notifications Drive More Distraction: Study July 10, 2015 Driver distraction could happen even when the driver isn’t using their cell phone. That’s according to a new study by...
Auto Makers Seek to Limit Data Sharing with Tech Partners July 10, 2015 By Julia Love and Paul Lienert Carmakers are limiting the data they share with technology partners Apple Inc and Google Inc through new systems that link...
Mulligan, Marshall Receive AAMGA Recognitions July 10, 2015 Two long-time members of American Association of Managing General Agents (AAMGA) were recognized with service-based awards at the association’s Annual...