U.S.
Tokio Millennium Re Restructures Third Party Capital Markets Facilitation Arm
A division of Tokio Millennium Re focused on third party capital markets facilitation is changing its management structure in a bid to boost efficiency. The changes are coming to Tokio Solution ...
Insurance Boards: Time to Act on Climate Change
The insurance industry is in the crosshairs of climate change, and with the recent U.S. presidential election and the anticipated lack of policy action on global warming, the sector is going to face ...
NAIC Brings on Former Penn. Commissioner Consedine as New CEO
The National Association of Insurance Commissioners picked a former Pennsylvania Insurance Commissioner as its new CEO. Michael Consedine, who will take on his new role in early 2017, said in ...
SCOTUS Rejects Hank Greenberg’s Fraud Lawsuit Appeal; Mediation to Come
The U.S. Supreme Court turned away an appeal by Maurice "Hank" Greenberg, refusing to derail a fraud lawsuit by New York state against the former American International Group Inc. chairman. Three ...
Crawford & Co. Buys Majority Stake in WeGoLook for $36.1M
Crawford & Co. disclosed it has acquired a majority interest in WeGoLook, an online and mobile collaborative economy platform based in Oklahoma. Crawford, a provider of claims management products ...
Michigan’s Auto-Owners Insurance Proposes Affiliation With New Hampshire’s Concord General Mutual
Auto-Owners Insurance, a Lansing, Michigan, based insurance provider, has announced its proposed affiliation with the Concord, N.H., based Concord General Mutual Insurance group of companies. The ...
National General Takes Nonstandard Auto Renewals in Deal With Nationwide
Nationwide Mutual Insurance Company's distribution force will start selling some National General Holdings Corp. nonstandard auto policies, National General announced Thursday. National General and ...
Trump Tax Plan Could Boost Berkshire Hathaway Book Value by $29B
Warren Buffett's Berkshire Hathaway Inc. could get a $29 billion boost to its book value under tax-rate cuts advocated by President-elect Donald Trump, according to Barclays Plc. "We would view this ...