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Judge Finds Injuries ‘Part of Soccer’ in Dismissing Concussion Lawsuits
A U.S. judge has dismissed a lawsuit by soccer players and parents seeking to force FIFA and other governing bodies to change the sport’s rules to limit the risk of concussions and other head injuries, especially for children. In a …
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How Social Media Enhances Value of Luxury Cars
David Beckham may have more of an influence on you than you think. According to analysis by Black Book, the prevalence of modern and classic luxury cars on social media platforms like Instagram directly influences their resale value. So when celebrities such …
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Zywave Acquires Insurance Agency Digital Marketing Firm Intygral (Astonish)
Insurance software provider Zywave said it has completed the asset purchase of Intygral, formerly Astonish, a provider of automated marketing for property/casualty personal lines brokers. Terms of the transaction were not disclosed. The Intygral system provides automated, industry-specific prospecting campaigns. …
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QBE North America Adds Fry, Remy as Specialty Program Underwriting VPs
QBE North America announced two new underwriting vice presidents in the company’s Specialty Programs unit – Erin Fry and Bob Remy. Fry joins QBE from XL, where she was vice president and head of professional liability programs. She will be …
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Marsh Names Bailey Head of Global Sales
Insurance broker Marsh has appointed Don Bailey as head of global sales. Based in New York, Bailey will be a member of the Marsh Executive Committee and report directly to Peter Zaffino, president and CEO of Marsh. In this role, Bailey will lead Marsh’s sales function globally. He will work closely with Marsh business leaders in …
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Tropical Storm Nangka Batters Japan with Heavy Rain, High Winds: AIR Report
Catastrophe modeling firm AIR Worldwide’s report on Typhoon Nangka notes that it “made landfall July 16, 2015, at 23:07 Japan Standard Time (JST) (14:07 UTC) with a central pressure of 965 mb near Muroto City, on the eastern coast of …
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Hartford Names Gen Re’s Tooker as P/C Insurance Chief Underwriting Officer
The Hartford has named A. Morris “Mo” Tooker as executive vice president and chief underwriting officer for the company’s property/casualty insurance businesses. Tooker will oversee underwriting across The Hartford’s Small Commercial, Middle Market, Large Commercial and Personal Lines segments. He will lead …
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Re/insurance Market Conditions Will Lead to More M&A Activity: A.M. Best
Merger and takeover activity is likely to continue in the coming months as re/insurers increasingly seek ways to deploy capital and create scale against a backdrop of ongoing soft market conditions and weak investment returns, according to a special report …
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Timeline: Sweetened AXIS Bid Brings Battle for PartnerRe to Boiling Point
The tussle between AXIS Capital Holdings Ltd. and EXOR SpA for control of Bermuda-based reinsurer PartnerRe Ltd. could be drawing to a close after a bidding war that began four months ago. AXIS and PartnerRe improved the terms of their deal yet again …
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Gallagher Buys 65% of Colombia’s ARM Re, Energy & Construction Specialist
Arthur J. Gallagher – the international division of Arthur J. Gallagher & Co. – has extended its investment in Latin America with a 65 percent shareholding in independent Colombian energy and construction specialist ARM Re Ltda (ARM). Other terms of …
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