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US Chamber of Commerce Urges China to Open Insurance, Securities Markets
Members of the American Chamber of Commerce group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with disasters like the recent …
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New York Health Insurer’s Data Breach Puts 10M Records at Risk
Upstate New York health insurer Excellus BlueCross BlueShield on Wednesday said its computer systems and those at affiliates had been breached, exposing data from more than 10 million members, in the latest case to show the industry is still struggling …
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Six Southeast States Team Up to Combat Driving Under the Influence
Law enforcement officials in six states are launching their 24th annual “Hands Across the Border” campaign aimed at catching motorists driving under the influence. The five-day campaign kicked off August 31 involving law enforcement agencies in Georgia, Alabama, North Carolina, …
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Clarke Appointed PartnerRe President as Acquisition by EXOR Progresses
Partner Re announced that its Board of Directors has appointed Emmanuel Clarke as President of PartnerRe Ltd. effective immediately. He will be responsible for leading and managing all of the Company’s operations. PartnerRe also said that David Zwiener, Interim President …
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Authorities: Money Missing From Business Where Harpers Ferry Fire Started
Authorities say money is missing from a business where a devastating fire in West Virginia’s Harpers Ferry originated. Department of Military Affairs and Public Safety spokesman Lawrence Messina says investigators determined that the July 23 fire began on a deck …
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Jury Awards $5.5M to Family of Man Killed by Cleveland Cop
The family of a man fatally shot in the head by a Cleveland, Ohio, policeman was awarded $5.5 million by a federal jury in a civil case that found the officer liable for using excessive force. The decision comes more …
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Fighting Western U.S. Wildfires Costing More than $1B, Agriculture Chief Says
U.S. Agriculture Secretary Tom Vilsack said the federal government has spent more than $1 billion fighting this year’s deadly wildfires, which have scorched drought-stricken Western states. Vilsack told a news conference in Portland, Ore., he supported a bill that would …
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RiskMatch Promotes Kagan to Chief Client Engagement Officer in Connecticut
RiskMatch, a Greenwich, Connecticut-based business intelligence and analytics firm that provides insurance portfolio management and placement services to brokers and insurers, promoted Adam Kagan to chief client engagement officer. Kagan, who joined RiskMatch in 2013 as chief sales and marketing …
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The Andrew Agency Acquires Crowder & Holloway in Virginia
The Andrew Agency, an independent insurance agency in Richmond, Virginia, announced it has acquired Crowder & Holloway in South Hill, Virginia. Terms of the transaction were not disclosed. Founded in 1936, Crowder & Holloway is an insurance broker providing personal …
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China’s Fosun to Raise $1.5 Billion to Fund Insurance & Banking Acquisitions
Fosun International Ltd., Chinese billionaire Guo Guangchang’s conglomerate that has bought insurers and real estate around the world, proposed raising HK$11.7 billion ($1.5 billion) in a rights offer to fund its push into the banking and insurance industries. The company plans to …
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