travel News

Travel Businesses in California’s Big Sur Community Reeling After Bridge Closure

Almost all the hotels, restaurants and state parks cut off when a bridge on the Central California coast crumbled last month remain closed, but Kurt Mayer chose to keep his deli and taproom open — even though it’s costing him. …

Massachusetts Man Sentenced for Stealing $1.5M from Employer

The former controller for a Milford, Mass.-based developer has been sentenced to up to three years in prison for stealing nearly $1.5 million from the company. Sixty-one-year-old Michael Lussier was sentenced Monday after previously pleading guilty to two counts of …

Marketform Committed to All Current Underwriting Lines After Strategic Review

Specialist Lloyd’s underwriter Marketform has confirmed its commitment to all its current underwriting lines after completing a strategic review. These remaining lines are: accident & health, travel; bloodstock & livestock; cargo; financial lines; marine & energy liability; marine hull & …

ACE Launches Portal for Placing U.S. Small Business International Policies

ACE Commercial Risk Services, the U.S.-based small business insurance division of the ACE Group, has introduced a portal for U.S. brokers working with small- to-mid-sized U.S.-based companies doing business overseas. The portal, www.ACEAdvantage.NET, offers rating, quoting, binding, and issuing for …

ACE USA, GMG Underwriters to Offer Enhanced K&R Coverage

ACE USA has collaborated with GMG Underwriters, LLC, a specialist in kidnap & ransom coverages and services, to expand the growth of its underwriting platform. The stand-alone kidnap & extortion coverage offering is available for U.S.-based companies of all sizes …

ABI, UK Government, BIBA Team up to Help Older People Find Insurance

A bulletin from the Association of British Insurers states that “older customers will find it easier to get motor [auto] and travel insurance under an agreement between the ABI, the Government and the British Insurance Brokers’ Association (BIBA).” The agreement, …

UK’s Voyager Insurance Services Acquires Fresh Start Insurance

UK-based specialist broker Voyager Insurance Services Ltd, a member of the Somerville Group, which is focused on providing travel insurance to insurance brokers and third party intermediaries, has acquired the Fresh Start book of business from Culpeck Insurance Services for …

Starr Expands Offerings Through Acquisition

Starr International Co. has acquired Assist-Card International Holdings S.A. and expanded its offerings to include travel and emergency assistant services. Assist-Card provides these travel services to more than 7 million people through a network of providers spanning 107 countries. “This …

MetLife Offers Business Travel Medical Coverage to Employees on Assignment

MetLife has launched International Business Travel Medical (IBTM) coverage. IBTM provides assistance and coverage for emergency and urgent medical care for employees traveling on short-term assignments outside their country of residence. MetLife’s IBTM coverage allows business travelers to seek emergency …

Cigna Acquires UK’s FirstAssist Insurance Services to Broaden Product Line

Global health services company Cigna announced that it has agreed to acquire FirstAssist Insurance Services, a travel and protection insurance company based in the UK, from Barclays Private Equity. Cigna said the “acquisition will add a new product line to …