Industry News

Insurance Journal

Gallagher Buys IBS Re Singapore, 40% Stake in Indonesia’s IBS Insurance Broking

Dec 12, 2018 Arthur J. Gallagher & Co. announced it has acquired a 40 percent equity stake in Indonesian insurance broker and risk management...

Starr Insurance Cos. Expands Aviation Insurance Operations to Brazil

Dec 12, 2018 Starr Insurance Cos. announced that Starr International Brasil Seguradora S.A. has been granted a local license to offer aviation insurance. “We...

Brit Partners with Schillings Critical Risk to Create Kidnap-for-Ransom Offering

Dec 12, 2018 Brit Ltd. announced it is partnering with Schillings Critical Risk to create a comprehensive kidnap-for-ransom offering. Extortion and...

Florida-Based Broker Coin Re Taps Barbican’s Crichton as EVP in London

Dec 12, 2018 Florida-based catastrophe reinsurance broker COIN Re has appointed global property reinsurance professional Andy Crichton as executive vice president...

Claims Journal

NTSB: Driver Fatigue Contributed to Deadly 2016 Texas Bus Crash

Dec 12, 2018 A bus driver with “acute sleep deficit” failed to stay in his lane and caused his vehicle to careen out of control, resulting in a wreck that killed...

Key Science Report Has Countries Taking Sides at Climate Summit

Dec 12, 2018 A diplomatic standoff over a single word could set the stage for a bigger showdown during the second half of this year’s U.N. climate summit. Negotiators...

Oregon’s New Playbook Addresses Earthquake Response

Dec 12, 2018 Oregon has a new playbook for preparing and responding to a major earthquake that dictates what should be tackled over time versus a list of tasks to get done. The playbook...

Business Owners Need to Train Employees About Password Safety

Dec 12, 2018 It may seem obvious: Companies’ computers, mobile devices and accounts need secure passwords. But many small business owners don’t take the time to...

Best's Reviews

Former Owner of Sleep Study Clinic Sentenced in $10 Million Fraud Scheme

Dec 11, 2018 The former owner of a sleep study clinic in Virginia was sentenced to prison for bilking insurers in a $10 million scheme that fueled her...

Litigation Filed Against AJG Affiliate Artex Over Captive Insurance Sales

Dec 11, 2018 Former clients of Artex Risk Solutions Inc. — an Arthur J. Gallagher & Co. subsidiary — filed a lawsuit alleging the insurance...

Aspen Shareholders Accept Apollo’s $2.6 Billion Takeover Bid

Dec 11, 2018 Shareholders of Bermuda-domiciled Lloyd’s insurer and reinsurer Aspen Insurance Holdings Ltd. have accepted a US$2.6 billion cash takeover bid from...

Hyperion Names Interim Chief Financial Officer

Dec 11, 2018 Hyperion Insurance Group said Richard Houghton will join the business as interim group chief financial officer, effective Dec. 10. Houghton will undertake “a full...