Archive for January 2016

Twitter Inc. was accused in a lawsuit by the widow of a man killed at a police training center in Jordan of knowingly allowing the Islamic State to spread its terrorist message through its service. Twitter, like other social media … Read More Read more here:: Insurance Journal       

Ironshore International announced its subsidiary, Pembroke Managing Agency, will establish an office in Shanghai in January 2016 as part of the Lloyd’s China platform. Pembroke Managing Agency will underwrite specialty lines of business, initially focusing on the agriculture, marine and … Read More Read more here:: Insurance Journal       

Climate change and large-scale forced migration are the greatest risks facing the world according to a survey by the World Economic Forum, the organizer of next week’s meeting in Davos. The 2016 report, published Thursday, highlighted the most significant threats … Read More Read more here:: Insurance Journal       

Insureon, an online agency for small business insurance, said it has expanded its leadership team to include Brandon Hickey as president of Insureon Brokerage and Mark Thompson as senior vice president, Product Excellence. A 30-year veteran of the insurance industry, … Read More Read more here:: Insurance Journal       

Citing increased regulation of credit rating services and heightened competition in information services, A.M. Best has restructured its operations to separate its rating and research services from its publications and other information products. The reorganization creates a new subsidiary, A.M. … Read More Read more here:: Insurance Journal       

Swiss Re announced that Frank O’Neill has been appointed CEO of the company’s UK & Ireland business, effective Feb. 1. O’Neill has been the CEO of Swiss Re’s Middle East and Africa business for the past three years. He replaces … Read More Read more here:: Insurance Journal       

French insurer CNP Assurances has entered exclusive talks with Grupo BTG Pactual SA to buy its 51 percent stake in Brazilian insurer Pan Seguros, two sources familiar with the matter said on Tuesday. CNP Assurances has offered 1.6 billion Brazilian reais ($396 million) … Read More Read more here:: Insurance Journal       

Product delivery-by-drone in urban areas may be possible within a few years if the U.S. government and the aviation industry agree to work cooperatively on the new technology, the chief of Google Inc.’s drone cargo project said Monday. The swift … Read More Read more here:: Insurance Journal       

Among the more than 140 plaintiffs’ lawyers competing to lead private litigation against Volkswagen over its emissions cheating scandal is former U.S. Senator and Democratic Vice-Presidential candidate John Edwards. Edwards, who was a trial lawyer in North Carolina before his … Read More Read more here:: Insurance Journal