News
Shareholder Accuses Argo Group of Illegally Appointing Two Board Members
An Argo Group shareholder accusing the company and CEO Mark Watson III of extravagant spending practices now claims that the carrier illegally appointed two board members. Argo disagreed, continuing ...
Another, Last-Ditch Brexit Parliament Vote Is Coming
Theresa May is making a desperate push to get her Brexit deal approved in Parliament to avoid a huge delay to Britain's divorce from the EU, even though she's facing what seem to be impossible odds. ...
Marsh, Insurers Debut Program to Help Firms Pick Best Cybersecurity Products
What the insurance industry has done for auto and building safety products, insurance broker Marsh wants to extend to cybersecurity products. That is, recommend the cybersecurity products that are ...
China Pledges Broader Market Access for Insurers, Banks and Securities Firms
China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday, as senior U.S. ...
J&J Reaches Confidential Settlement Over Another Baby Powder Asbestos Suit
Johnson & Johnson reached a confidential settlement resolving an Oklahoma lawsuit alleging its iconic baby powder caused a 77-year-old woman to develop a rare cancer connected to asbestos ...
The Latest Launches From The Hartford and Coface
The Hartford is debuting a technology platform designed to help cover U.S. companies in more than 200 countries through local and regional partners. Coface is launching new credit insurance coverage ...
Ex-Allstate Exec Troy Named as CSAA Insurance Group’s Next CEO
A former Allstate executive has been named CSAA Insurance Group's next chief executive officer. Thomas Troy will become the California-based insurer's new CEO on April 8, 2019. He is succeeding Paula ...
Lloyd’s Loses $1.3B in 2018; Natural Catastrophe Surge to Blame
Lloyd's of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major natural catastrophes such Hurricanes Florence and Michael, Typhoon Jebi in ...