Anthem Inc. and Cigna Corp. are preparing for a showdown with senior Justice Department officials this week in their effort to persuade the government to allow the health insurers to combine, lest they wind up dueling in court over a …
Narragansett Bay Insurance Co. has named Peter Hutchinson an assistant vice president and Rhode Island and Massachusetts territory manager. Hutchinson will be responsible for partnerships with NBIC’s agents and industry associations, profitable growth, and service delivery in Rhode Island and …
A 72-year-old New Hampshire woman who says Bill Cosby raped her in 1965 has withdrawn her civil defamation lawsuit against the comedian after a federal judge had allowed the case to move forward. Kristina Ruehli’s lawyer told The Associated Press …
Global insurance broker Lockton has chosen insider Glenn A. Spencer as its next president and chief executive officer, effective May 1, 2017. Spencer will succeed John L. Lumelleau, who has led Lockton as president and CEO since 2002 and through …
Fosun Group, China’s biggest private conglomerate, will list U.S. property and casualty insurer Ironshore Inc “as soon as possible” this year, Guo Guangchang, the company’s billionaire co-founder and chairman told Reuters ahead of a Reuters Newsmaker event in Beijing on …
Cape Cod, Massachusetts-based Rogers & Gray Insurance has acquired the independent insurance agency, Albert G. Brock Co., located on Nantucket Island. The newly formed entity will now be known as Brock Insurance, a division of Rogers & Gray. The Brock …
Anthem Inc. said it’s not in discussions with Cigna Corp. to end their $48 billion tie-up, as speculation about the health insurance deal’s fate mounts. The New York Post reported earlier that Anthem may be ready to walk away, citing …
Munich Re U.S. has appointed Stephan Hochburger and Paul Ludwig as senior vice presidents and client executives for the Reinsurance Division. They will report to Steven Levy, president of the Reinsurance Division (RD), and serve on the RD executive leadership …
A lack of adequate liability insurance has put an end to a project honoring military veterans by flying American flags on utility poles in Maine’s smallest town. The Kennebec Journal reports Randolph Fire Association fundraised for about a year before …
Brian Inselberg has joined Starr Companies as senior vice president, Financial Lines. He will have overall responsibility for the growth and profitability of the portfolio as well as the leadership of the financial lines underwriting team. Inselberg joins Starr with …