U.S.
Challenge to NFL Concussion Deal Rejected at U.S. Supreme Court
The U.S. Supreme Court on Monday declined to hear a challenge to the National Football League's estimated $1 billion settlement of concussion-related lawsuits with thousands of retired players ...
Beechwood Re Reportedly Exploring Sale After Platinum Woes
The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, ...
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 ...