Good Assurance

The latest business news for the Property & Casualty insurance industry



Hong Kong insurer FWD hires Ex-Deutsche Bank Dealmaker as an F & D advisor

FWD Group, the insurer backed by Hong Kong billionaire Richard Li, has hired former Deutsche Bank AG deal maker Tan Boon-Kee as senior adviser for mergers and acquisitions. Tan, who will be based in Singapore, started her new role last… Continue Reading →

Insurer reveals the most common days for car accidents as a result of daydreams

Erie Insurance looked at police data on car crashes and discovered that Saturdays in September are the most common days for fatal car accidents with daydreams while driving. The insurer recently published an analysis of its findings, which also showed… Continue Reading →

UK Insurer Aviva prepares for & # 39; Hard Brexit & # 39; by transferring assets from the UK

Aviva Plc asked a court in London to approve the transfer of assets totaling 9 billion euros ($ 10.2 billion), with the uncertainty of the Brexit "increasing" when it joined other insurers and banks that produced contingency plans. Aviva asked… Continue Reading →

Insurer offers Employee Benefit Deal: Student Loan Relief for unused vacation time

Starting next year, American employees will have a choice at insurance company Unum Group: the company will pay money on their student loans if the employee gives five paid holidays. The new advantage is a creative twist on an increasingly… Continue Reading →

Let. An EU insurer and Arron banks fined 120,000 for data breach

The Information Commissioner has launched an audit of Leave.EU and the insurance company belonging to the main funder of the campaign, Arron Banks, after inflicting organizations a total fine of £ 120,000 for breach of data protection during the EU… Continue Reading →

Pennsylvania's largest insurers Comp Insurer Files Plan to correct costs

Pennsylvania's State Workers Insurance Fund (SWIF), the largest employee insurance company in Pennsylvania, has submitted a plan to retroactively correct employers' costs for the remuneration policies of their employees, written between April 1, 2018 and December 31. 2018. The information… Continue Reading →

French insurer Covea leaves hostile takeover of SCOR

SCOR SE fell most heavily in trade in Paris in more than a decade [on Tuesday, Jan. 28] after rival, Covea left efforts to buy the French reinsurer, thereby ending one of the country's most bitter takeover attempts in recent… Continue Reading →

Texas Sunset Board: the legislator must determine the nature of the wind storm insurer

To be the last resort for wind and hail insurance along the Texas coast, without state support and depending on premium dollars and debt financing for financing, or to be a real insurance company that deducts financing from premium dollars?… Continue Reading →

Roc Nation seeks $ 11 million from an insurer in Jordan, death at Feldsteins •

Roc nation on Friday launched a federal lawsuit seeking $ 11 million from its insurer following the death of Maroon 5 director Jordan Feldstein. Roc nation, a joint venture of Jay-Z and Live Nation Entertainment, a partner of Feldstein's Career… Continue Reading →

Facing legal action, the insurer will now cover people taking Truvada, a drug for HIV prevention • Good Assurance

The Mutual of Omaha agreed not to refuse insurance to people who use drugs to prevent H.I.V. infection. The insurer also settled a lawsuit filed by an unidentified homosexual in Massachusetts, who was denied long-term care insurance after admitting to… Continue Reading →

Mondelez sues Zurich insurer for more than 100 million dollars in cyber attacks •

Mondelez, the American food company that owns the Oreo and Cadbury brands, is suing its insurance company, Zurich, for refusing to pay a $ 100 million claim for damages caused by the NotPetya cyber attack. The case will be the… Continue Reading →

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