Industry News

Insurance Journal

Brown & Brown of Massachusetts Acquires Assets of Rodman Insurance Agency

Nov 13, 2018 Brown & Brown of Massachusetts LLC has acquired substantially all of the assets of Rodman Insurance Agency. With roots dating back to 1935, Rodman...

Former AIG Employees Win UK Court Ruling over $100M in Back Bonuses

Nov 13, 2018 A group of former employees at American International Group Inc. won a U.K. court ruling that may pave the way for them to be paid $100 million in...

JLT Re Acquires JLT March Re in Spain, Launches JLT Re Iberia

Nov 13, 2018 JLT Re, the global reinsurance broker and consultant, announce the launch of JLT Re Iberia, which follows the acquisition of JLT March Re, the fourth largest...

Brexit Negotiators Work Through Night to Reach Deal, Entering `Endgame’

Nov 13, 2018 Brexit negotiators are working through the night in an effort to reach a deal, but the final stage of the talks is proving “immensely...

Claims Journal

Lawyers Say Cops Didn’t Have Key to Save Women Who Drowned During Florence

Nov 13, 2018 Two women drowned in the back of a locked cage while being taken for involuntary commitment to a mental hospital because the police van they were in...

Google Drops Mandatory Arbitration Provision in Sexual Misconduct Cases

Nov 13, 2018 Google is promising to be more forceful and open about its handling of sexual misconduct cases, a week after thousands of high-paid engineers and others walked...

J.D. Power: Insurers Gain High Marks After Hurricanes Florence, Michael

Nov 13, 2018 After the two recent billion-dollar disasters struck the southeast this fall, the nation’s largest property/casualty insurers responded by deploying...

A Year in Review: The Highs and Lows of the Cannabis Industry in 2018

Nov 13, 2018 The cannabis industry was full of activity in 2018. By October, thirty states had legalized the use of cannabis products for medicinal purposes, with nine...

Best's Reviews

A.M. Best Places Credit Ratings of Echelon Insurance and The Insurance Company of Prince Edward Island Under Review

Nov 12, 2018 A.M. Best has placed under review with developing implications the Financial Strength Rating (...

JLT Re: California’s Camp Wildfire Most Destructive in US History; 7,150 Structures Destroyed or Damaged

Nov 12, 2018 More than 7,155 structures have been damaged or destroyed by the Camp Fire in Northern California, making...

Markel International Managing Director Asia: Consistency Matters in Growing Markets

Nov 12, 2018 Matt Cannock, managing director for Asia, Markel International, said some insurers have been entering and leaving markets,...

Allianz UK Cites LV= Deal in Nine-Month Operating Profit Rise

Nov 12, 2018 Pointing to what it described as its successful absorption of business from U.K. insurer LV=, Allianz UK reported operating profit of £113.6 million (...