Archive for January 2016

By Andrew G. Simpson An instech startup looking to disrupt the property/casualty insurance industry with a new business model has turned to four seasoned insurance executives from traditional carriers AIG and ACE Insurance to round out its executive team. Lemonade, the peer-to-peer (P2P) insurance … Read More Read more here:: Insurance Journal       

Bosses can snoop on workers’ e-mails including personal messages with loved ones during working hours, the European Court of Human Rights ruled in a case brought by a Romanian man who claimed he was unfairly fired after his employer … Read More Read more here:: Insurance Journal       

About 15 state attorneys general have joined the Justice Department’s probe of two big insurance mergers, according to people familiar with the matter, increasing the scrutiny on proposed deals that would reduce the number of nationwide health insurers to three … Read More Read more here:: Insurance Journal       

The U.S. government and a group of global automakers are set to unveil a voluntary agreement at the Detroit auto show on Friday aimed at improving auto industry safety and spurring culture changes, according to company and government officials. The … Read More Read more here:: Insurance Journal       

Confie, a national provider of personal and commercial lines insurance, announced that it has acquired Fair Price Insurance Inc., a specialty auto insurance agency based in New York City. Terms of the transaction were not disclosed. This is Confie’s second … Read More Read more here:: Insurance Journal       

With food recalls on the rise and the threat to food security growing, food manufacturers are going to want to know more details about farmers’ and ranchers’ food safety and security practices, an agribusiness insurance expert told attendees at the … Read More Read more here:: Insurance Journal       

The U.S. Supreme Court on Monday rejected a bid by Nestle SA, the world’s largest food maker, and two other companies to throw out a lawsuit seeking to hold them liable for the use of child slaves to harvest cocoa … Read More Read more here:: Insurance Journal       

JLT Specialty USA, the U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has hired Brad Kotlewski as senior vice president. Kotlewski will be based in the New York City office. Kotlewski will join JLT’s Financial Lines Group as the … Read More Read more here:: Insurance Journal       

General Motors is set to go to trial Monday in a lawsuit over its 2014 recall of millions of vehicles for a faulty ignition switch linked to nearly 400 injuries and deaths. In the lawsuit, plaintiff Robert Scheuers claims he … Read More Read more here:: Insurance Journal