Industry News

Insurance Journal

UK Businesses Roll Back Investment as Brexit Uncertainty Bites: Survey

Oct 21, 2018 Four-fifths of U.K. companies have cut or withheld investment because of the uncertainty caused by Brexit, Britain’s biggest business lobby said...

Swiss Re Weighs Investment in Chinese Insurer Anbang: Sources

Oct 21, 2018 Swiss Re AG has held discussions with Chinese authorities about an investment in embattled insurer Anbang Insurance Group Co., people with knowledge of the...

With Central, South Texas Awash in Water Governor Issues Disaster Declaration

Oct 19, 2018 Texas Gov. Greg Abbott has issued a State Disaster Declaration for 18 Texas counties impacted by recent severe weather and flooding that has...

Florida Residents Hit by Michael Return to Face Damage as Death Toll Climbs

Oct 19, 2018 More than a week after Hurricane Michael slammed into the Florida Panhandle, authorities are reporting three more deaths from the Category 4 storm as...

Best's Reviews

Blue Cross Blue Shield of Louisiana to Acquire Vantage Health Plans

Oct 19, 2018 Blue Cross and Blue Shield of Louisiana said it is acquiring health insurer Vantage Health Plan. BCBS will acquire majority ownership of Vantage...

Prudential Financial: Recent UK Longevity Reinsurance Deals Signal Market Growth

Oct 19, 2018 Prudential Retirement, a unit of Prudential Financial Inc., said it concluded $3.2 billion in previously undisclosed longevity...

Aon Launches ‘New Ventures’ Group, Appoints Chief Innovation Officer

Oct 19, 2018 Aon plc said it established a “new ventures group” organized by a chief innovation officer as part of the broker and consultancy’s “Aon United”...

A.M. Best Affirms Credit Ratings of Core Traditional Business Subsidiaries of Grupo Catalana Occidente, S.A.

Oct 19, 2018 A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit...

Claims Journal

Central Texas Floods Destroy Bridge, Force Evacuations

Oct 19, 2018 Fast-moving floodwaters destroyed a bridge, forced the evacuation of riverside homes and led to numerous water rescues in Central Texas on Tuesday after more than a foot...

People News: CIG, Zurich, Marias Technology

Oct 19, 2018 Capital Insurance Group Hires Mehrtens as Vice President of Claims Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western United States, announces...

Toxic Chemical Found in Chain Stores’ Jewelry

Oct 19, 2018 Jewelry with the toxic metal cadmium is showing up on the shelves of national retailers including Ross, Nordstrom Rack and Papaya, according to newly released test results. Analysis...

Court Tosses DeLorean Widow’s ‘Back to the Future’ Lawsuit

Oct 19, 2018 A federal court has dismissed a lawsuit brought by the widow of automaker John DeLorean over royalties stemming from the “Back to the Future” movies. Sally...