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Insurance
A joint investigation by the California Department of Insurance and US Immigration and Customs Enforcement's Homeland Security Investigations has resulted in an alleged $1.9 million scam where the suspects submitted fraudulent life insurance applications to take advance commissions from insurance companies. 23 March 2018
Insurance
JLT Specialty USA, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Ted Dobos as executive vice president, leader of JLT’s West Coast M&A practice. 23 March 2018
Insurance
Bermuda-based specialty re/insurer Argo has launched a new wage and hour (W&H) liability insurance cover underwritten by its professional lines team in Bermuda. 23 March 2018
Insurance
Private medical insurance provider SecurityTrust has secured seed funding from Mci Asset Management as well as underwriting capacity from Canopius and via the coverholder Compass Underwriting. 23 March 2018
Insurance
Developments in artificial intelligence (AI) and data collection stand to completely alter the asymmetry of information between insurers and insureds, representing a game changer for the re/insurance sector, SCOR CEO Denis Kessler suggested in an article. 22 March 2018
Insurance
The UK government is extending the terrorism cover offered by Pool Re to include non-damage business losses resulting from acts of terrorism. 22 March 2018
Insurance
Specialist insurer Beazley's chief underwriting officer (CUO) Neil Maidment is retiring at the end of the year. He will also step down from the company's board at the same time. 22 March 2018
Insurance
The marine and upstream energy insurance team of Validus Specialty Underwriting Services has partnered with Eagle Ocean America to launch a new cover for US vessel operators. 22 March 2018
Insurance
Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Reuters reported citing an online article by Financial News, the official newspaper of the central bank. 22 March 2018
Insurance
Ocean International Reinsurance Company (Ocean Re) is expanding in the Mexican re/insurance market with a new office to be headed by Rebeca Pena. 22 March 2018
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