Archive for November 2015

Towers Watson & Co. adjourned a shareholder meeting on Wednesday after it failed to muster enough support for its $18 billion merger with insurance broker Willis Group Holdings, according to two people familiar with the matter. Towers Watson now plans … Read More Read more here:: Insurance Journal       

Towers Watson & Co adjourned a shareholder meeting on Wednesday after it failed to muster enough support for its $18 billion merger with insurance broker Willis Group Holdings, according to two people familiar with the matter. Towers Watson now plans … Read More Read more here:: Insurance Journal       

As miners globally review the way they store waste in the wake of another horrific dam spill, the solution may be as simple as it is dramatic: spend a lot more. Images of sludge spewing into towns and rivers could … Read More Read more here:: Insurance Journal       

John Paulson, the billionaire whose proposal to split American International Group Inc. into three companies was rebuffed by Chief Executive Officer Peter Hancock, would also support an alternative plan for the insurer to sell units, according to people familiar with … Read More Read more here:: Insurance Journal       

Businesses and organizations should expect cyber criminals to attack through wearable devices, employees’ home systems, cloud services and automobiles within the next year, according cyber experts at Intel’s McAfee Labs. By 2020, individuals could be receiving payment for sharing their … Read More Read more here:: Insurance Journal       

AXA Investment Managers – Real Assets, the property unit of Europe’s largest insurer, won approval from the City of London borough to develop an office tower at 22 Bishopsgate near the skyscrapers nicknamed The Cheesegrater and The Gherkin. The 62-story building … Read More Read more here:: Insurance Journal       

By Andrea Wells The use of price optimization in insurance pricing is drawing increased attention and could be the next big industry battle. Or it could not be. Consumer groups and a growing contingent of states are labeling the practice as unfairly discriminatory … Read More Read more here:: Insurance Journal       

The U.S. Justice Department renewed its push to charge executives in corporate fraud cases, encouraging companies to come to them early even if they can’t yet identify individual wrongdoers. Deputy Attorney General Sally Quillian Yates clarified the department’s new policy … Read More Read more here:: Insurance Journal       

ACE appointed Judy Matthews as claims client relationship manager for the U.K. and Ireland, as it continues to invest in its client-facing claims management team for ACE’s global accounts division. Matthews will work closely with ACE’s business leaders and claims … Read More Read more here:: Insurance Journal