News
Dispute With Insurers Cited By Talc Supplier Filing Bankruptcy
Imerys Talc America Inc., which supplies talc for products including Johnson & Johnson's baby powder, filed for bankruptcy protection in an effort to end nearly a decade's worth of lawsuits ...
Specialty Broker USI Insurance Services Will Snatch Up U.S. Risk Insurance Group
Dallas-based property/casualty program and specialty brokerage firm U.S. Risk Insurance Group (U.S. Risk) announced it has agreed to be acquired by USI Insurance Services (USI). The transaction is ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Alleged China Hacking May Draw Coordinated EU Response
European Union member states are considering a possible joint response to cyber attacks allegedly conducted by a Chinese state-linked hacker group after the U.K. presented evidence last month about ...
EU Urges UK PM May to Endorse Permanent Post-Brexit Customs Union
European Union Brexit negotiator Michel Barnier said on Monday British Prime Minister Theresa May should endorse a permanent customs union with the bloc - as proposed by the opposition Labour party - ...
Executives On The Move at AIG, Holborn Corp. and the Global Insurance Accelerator
AIG picked a new head of communications for its Investments organization. Holborn Corporation hired a veteran Gen Re executive. The Global Insurance Accelerator brought on a new executive who will ...
Allstate Buys iCracked, an On-Demand Repair Service for Smartphones and Tablets
The Allstate Corp. has acquired iCracked, a provider of on-site, on-demand repair services for smartphones and tablets in North America. Financial terms were not disclosed. Allstate said it plans to ...
January Winter Storms, Extreme Cold Caused $1B in U.S. Econ Losses: Aon
January's cluster of winter storms and extreme cold have likely caused $1 billion in economic losses in the United States, according to Aon's January 2019 Global Catastrophe Recap. A number of ...
Suit Accuses CBS Execs of Selling Stock Before Disclosing Moonves Sexual Harassment Claims
CBS Corp. executives sold more than $200 million in company shares before disclosing to the public claims of sexual harassment against former CEO Les Moonves and other network officials, a California ...