Insurance Journal Headlines

  • Swiss Re Corporate Solutions Forms Global Contingency & Sports PA Team
    Swiss Re Corporate Solutions has created a global Contingency and Sports Personal Accident (PA) team and appointed Jonathan Cole as head Contingency and Sports PA, effective immediately. Cole will be responsible for expanding these lines of business…
    - 17 hours ago, 17 Aug 17, 2:15pm -
  • Court Upholds Uber Forced Arbitration, Ban on Customer Lawsuits
    A U.S. appeals court on Thursday ruled in favor of Uber Technologies Inc. in a closely watched lawsuit over whether passengers gave up their right to sue the ride-sharing company when they registered for its service. The 2nd U.S. Circuit …
    - 17 hours ago, 17 Aug 17, 2:15pm -
  • Massachusetts’ Partners Insurance Group Promotes McDonald
    Partners Insurance Group LLC, a Swansea, Mass.-headquartered independent insurance agency with eight locations in Southeastern Massachusetts and Rhode Island, has promoted Michelle McDonald to vice president. McDonald joined Partners Insurance Group…
    - 17 hours ago, 17 Aug 17, 2:12pm -
  • N.Y. Times Must Face Defamation Lawsuit Over Professor’s Slavery Comments
    A federal appeals court on Tuesday said the New York Times Co. must face a defamation lawsuit by a Louisiana economics professor who said it quoted him out of context by saying he described slavery as “not so bad.” The …
    - 17 hours ago, 17 Aug 17, 2:06pm -
  • Maryland’s Frederick Mutual Insurance Company Promotes Pelletier
    Frederick Mutual Insurance Company (FMIC), a Frederick, Md.-based provider of insurance coverage for homeowners and businesses, has promoted Bob Pelletier from assistant vice president and claim manager to vice president and chief claim officer. Pell…
    - 17 hours ago, 17 Aug 17, 2:00pm -
  • New York Bus Firms Seek Damages Over Handling of Workers’ Comp Claim
    New York Bus Operators Compensation Trust (NYBOCT), a Bay Shore, N.Y.-based group self-insured trust created by a number of New York passenger bus companies, has filed a complaint against Arthur J. Gallagher & Co., Gallagher Bassett Services Inc. and…
    - 17 hours ago, 17 Aug 17, 1:40pm -
  • P/C Insurance Industry Maintains Favorable Ratings in First Half 2017: A.M. Best
    Credit rating activity for the U.S. property/casualty industry in the first half of 2017 was favorable, with upgrades outpacing downgrades. Nearly one-third of the 2017 upgrades were driven by increased parental support, ongoing mergers and acquisiti…
    - 18 hours ago, 17 Aug 17, 1:27pm -
  • China’s Ping An Reports Biggest Half-Yearly Profit in Decade
    Ping An Insurance Group Co of China , the country’s second-largest insurer by market value, on Thursday reported its biggest half-yearly profit in at least a decade on robust growth in life insurance premiums. The strength in Ping An’s life …
    - 19 hours ago, 17 Aug 17, 12:13pm -
  • Bayer-Backed Health Startup, Medopad, Seeks $30M in New Funding: Sources
    Medopad Ltd., backed by pharmaceuticals giant Bayer AG, is looking to raise new funds, joining the clutch of fast-growing U.K. startups that are mixing artificial intelligence and health care. A London-based mobile platform for health-care companies,…
    - 19 hours ago, 17 Aug 17, 11:44am -
  • 4 European Reinsurers Maintain Pricing Discipline in Tough Market: Fitch
    The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and policy terms without a significant drop in their business volumes, despite relentless soft market conditions, accordi…
    - 20 hours ago, 17 Aug 17, 11:08am -

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