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Insurance
Court bars Alliant brokers from soliciting former clients at Willis
A federal judge in Charlotte, North Carolina, on Thursday issued a preliminary injunction against a group of former Willis Towers Watson PLC surety brokers who last month joined rival Alliant Insurance Services Inc.
According to the ruling…
Court bars Alliant brokers from soliciting former clients at Willis
A federal judge in Charlotte, North Carolina, on Thursday issued a preliminary injunction against a group of former Willis Towers Watson PLC surety brokers who last month joined rival Alliant Insurance Services Inc.
According to the ruling…
Jury convicts Theranos’ Sunny Balwani of fraud
(Reuters) — A U.S. jury on Thursday convicted former Theranos Inc. President Ramesh “Sunny” Balwani of defrauding investors and patients about the blood-testing startup that was once valued at $9 billion.
The San Jose, California, jury…
SEC to vote on July 13 to adopt proxy rules that undo Trump-era condition
(Reuters) — The U.S. Securities and Exchange Commission will vote on July 13 to adopt rules boosting disclosures around proxy voting advice, the agency said on Wednesday.
The rule, which the Wall Street regulator voted to propose in…
JPMorgan fined $850,000 for alleged swap reporting failures
(Reuters) — JPMorgan Chase & Co. will have to pay an $850,000 penalty to the U.S. Commodity Futures Trading Commission for allegedly failing to report certain foreign currency swaps, the regulator said Tuesday.
The commission found that…
Insurance compulsory for all sports events
The Dubai Sports Council has made insurance compulsory for all the sports events, effective Sept. 1, Middle East Insurance Review reported. The organizers of any sports events are responsible to buy adequate insurance from a licensed…
US property reinsurance renewals show large increases: Gallagher Re
Mid-year reinsurance renewals showed hefty increases in U.S. property business and more modest casualty rate movements, according to a report Friday from Gallagher Re, the reinsurance business of Arthur J. Gallagher & Co.
U.S.…
US property reinsurance renewals show large increases: Gallagher Re
Mid-year reinsurance renewals showed hefty increases in U.S. property business and more modest casualty rate movements, according to a report Friday from Gallagher Re, the reinsurance business of Arthur J. Gallagher & Co.
U.S.…
US property reinsurance renewals show large increases: Gallagher Re
Mid-year reinsurance renewals showed hefty increases in U.S. property business and more modest casualty rate movements, according to a report Friday from Gallagher Re, the reinsurance business of Arthur J. Gallagher & Co.
U.S.…
Allianz, Coalition partner on cyber programs
Allianz SE said Thursday it has started a multiyear partnership with insurtech Coalition Inc., a managing general agent specializing in cyber risk.
Allianz said in its statement it will provide San Francisco-based Coalition with long-term…