President Donald Trump said on Wednesday that the United States has a plan in place to contain the coronavirus outbreak. Speaking on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Switzerland, Trump said: “We do have …

Marsh, one of the world’s largest insurance brokers and risk advisers, has seen a spike in clients’ inquiries for political violence cover in the Gulf after attacks on tankers and oil installations rattled the region last year, an executive said. …

U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers after a surge of costly claims, industry sources said. The changes follow a challenging year of hackers using malicious programs, …

The union representing public school teachers in Philadelphia is suing the district over its handling of asbestos contamination in schools, the union said Monday. The Philadelphia Federation of Teachers suit comes after the city school district was for...

PMA Companies has named Jeanne Consiglio as vice president of the Northeast region. In her new role, Consiglio will be responsible for leading the company’s strategic growth objectives in Connecticut, the New York City metropolitan area, Massachusetts,...

King Flynn has joined Sayata Labs, a Boston, Mass.-based, Axa-backed insurtech startup, as head of Insurance. Sayata helps insurance carriers and brokers accelerate their mid-market cyber business while simultaneously providing insureds with knowledge ...

Pennsylvania Insurance Commissioner Jessica Altman has been selected for the second consecutive year to serve as chair of the Health Insurance and Managed Care Committee of the National Association of Insurance Commissioners (NAIC), the organization re...

The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report. The costs to global economies reached US$2.98 trillion between 2010 and 2019, which was US$1.19 trillion higher than 2000-2...

Deaths from China’s new flu-like virus rose to nine on Wednesday with more than 470 confirmed cases, heightening global fears of contagion from an infection suspected to have come from animals. The previously unknown and contagious coronavirus strain e...

A Muscatine, Iowa, insurance agent has been sentenced to 18 months in federal prison for wire and mail fraud. Federal prosecutors for Iowa said that Ashley Erin Murphy Schneider, 37, was sentenced Thursday in Davenport’s federal courthouse after pleadi...

The investigation and related lawsuits about alleged sexual abuse decades ago by an Ohio State University team doctor have cost nearly $10 million so far, according to the school. The total was about $9.8 million as of December, school spokesman …

The Army Corps of Engineers will award $281 million to a North Carolina city and county heavily impacted by Hurricanes Matthew and Florence. The Corps will release $237 million to Surf City/ North Topsail Beach and $44.5 million to Carteret …

A small earthquake hit East Tennessee on Monday, officials said. The U.S. Geological Survey said a magnitude 3.8 earthquake struck near Fincastle, Tennessee in Campbell County. A USGS map showed it was felt around East Tennessee and southern Kentucky. ...

Toyota Motor Corp. said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes. The recall, which includes 2.9 million U.S. vehicles, covers 2011-2019 Corolla, 2011-...

Families of the 176 people killed when Iran shot down a Ukrainian airliner face a complicated legal battle where backing from the victims’ governments may be crucial as they seek damages, legal experts said. Lawyers say many relatives will automatically …

IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the technology relies on data that bakes in past discriminatory practices and could harm women, minorities, the disabled, older Americans and others. As it ...

Starr Insurance Companies has appointed Kathleen Murphy as regional vice president, Southeast Region, effective January 13. Murphy is responsible for field leadership as well as broker and client relationships. According Robert Cruz, senior vice presid...

Cannasure Insurance Services has named Summer Jenkins a senior product development manager. Jenkins is based in Sacramento, Calif., and reports to Kieran O’Rourke, director of underwriting. Jenkins has more than 20 years of foreign and domestic underwr...

Calabasas, Calif.-based Topa Insurance Group has named Denise Pavlov the group’s senior vice president and chief operating officer. Pavlov joined the company in April 2018 as senior vice president and chief underwriting officer, overseeing Topa’s under...

Washington Insurance Commissioner Mike Kreidler issued a fine of $950,000 against ACE American Insurance Co. and Indemnity Insurance Co. of North America for reportedly overcharging 18,000 Washington consumers for nearly five years. Kreidler ordered th...

A recycling center that employs adults with intellectual disabilities in Alabama should have paid hundreds of thousands of dollars to its workers, federal labor officials said. The U.S. Department of Labor recently announced that employees were rightfu...

Korean Re has completed the establishment of a branch office in Shanghai as the company received final approval from the authorities of the People’s Republic of China on Dec. 27, 2019. The new office in Shanghai will be Korean Re’s …

A Romanian-born former employee at Volvo was left out of business talks, turned down for a promotion and ultimately fired because he wasn’t Swedish, according to a lawsuit. Luke Diventi is suing Volvo Group North America LLC for job discrimination, …

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Ironwood Insurance Services, LLC, an independent broker in the Southeast. Terms of the transaction were not disclosed. Founded in 2007 and based in Atlanta, I...

Mark Steven Wolf is the new leader of Big I Advantage, replacing Paul Buse who is moving on after more than 21 years with the company. Wolf is now president of Big I Advantage, IIAA Agency Administrative Services, IIAA Membership …

Acentria Insurance, an insurance agency operating in the Southeastern United States, has made executive leadership promotions in preparation for its plans grown and expand within the marketplace. Effective immediately, Kendall McEachern, co-founder of ...

China’s mysterious respiratory virus has caused six deaths and infected a number of medical workers, a sign the outbreak has entered a new phase with the illness spreading from person to person. Health-care workers contracting the new illness indicates...

It’s out: the annual report by tort reform advocates of what they say are the nation’s worst local courts and states that are abusing the civil justice system. The report also warns of state courts that did not make the …

Two Florida women have been accused of lying about damage caused by Hurricane Irma in separate cases, federal prosecutors announced last week. Indictments were returned charging Bernita Willette Carswell, 36, of Jacksonville, and Deannajo White, 39, Su...

A Massachusetts company has pleaded guilty in a Travis County, Texas, district court to workers’ compensation fraud, according to Texas Mutual Insurance Co. Texas Mutual says EME International Inc. (EME) of Marblehead, Massachusetts, pleaded guilty to ...