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Midwest Headed for Economic Slowdown, July Survey Suggests
Slumping numbers in a July survey suggest there will be slow to no economic growth over the next three to six months in nine Midwest and Plains states, according to a report issued Aug. 3. The overall Mid-America Business Conditions …
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Confie Adds Dallas-Based Insurance King Auto Agency
Confie, a national provider of personal lines insurance, has acquired the business of Insurance King Auto Agency LLC, which has two locations in Dallas The family-owned agency was established in March 2010 and specializes in personal lines. Established in 2008, …
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Insurers at Risk of Declining Customer Loyalty, Tech-Savvy Firms: Accenture
Insurers are not keeping up with rising customer expectations and will need to offer more innovative products and ally with some nontraditional partners to catch up and to keep more digital-savvy firms from stealing their business, a report from consulting …
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Car Hacking Risk Could be More Widespread
The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday. Mark Rosekind, who heads …
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Former Texas Surgeon Charged with Assault in Malpractice Cases
A former Dallas neurosurgeon has been described by state regulators as so derelict during operations that his actions led to the deaths of two patients and left others with disabling injuries in what’s seen as one of the worst recent …
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The Buckner Co. Acquires Keller-Lowry Insurance in Colorado
The Buckner Co. has acquired the assets of Denver, Colo.-based Keller-Lowry Insurance Inc. The deal is effective Aug. 1. Financial terms were not disclosed. Keller-Lowry specializes in manufacturing, transportation, habitational and construction. Keller- Lowry becomes the platform for Salt Lake …
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SJU to Honor Lloyd’s CEO Beale With Insurance Executive of the Year Award
Saint Joseph’s University’s Academy of Risk Management and Insurance in Philadelphia announced today it will present its Insurance Executive of the Year Award to Lloyd’s Chief Executive Officer Inga Beale. She is the first female to lead Lloyd’s, the world’s …
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Negotiators Fail to Reach Pacific Trade Pact; More Talks Expected
High-level negotiations in Hawaii on a trade agreement in the Pacific Rim wrapped up without a final deal as disagreements over dairy and vehicle policies trumped progress in other areas. The dialogue may resume within weeks. During four days of …
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Another Earthquake Shakes Northern Oklahoma
Another earthquake has shaken parts of northern Oklahoma near the Kansas border. The U.S. Geological Survey says the 3.6 magnitude earthquake was recorded at 3:28 p.m. on Aug. 1 about 11 miles south-southwest of Medford in Grant County. Medford is …
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EXOR to Acquire PartnerRe After Scrapping Deal with AXIS
EXOR SpA, the Agnelli family’s investment company, agreed to buy PartnerRe Ltd. for about $6.9 billion in its biggest single acquisition in more than a century after the reinsurer scrapped a deal with rival AXIS Capital Holdings Ltd. EXOR, which controls Fiat …
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