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Insurance News

Drivers of Marsh & McLennan-JLT Deal: Too Much Capital, Not Enough Growth – Opinion

Wed, 19 Sep 2018 09:35:24 +0000

Too much capital and not enough growth. Faced with this ailment, the insurance sector is reaching for a costly remedy — M&A. Marsh & McLennan Cos. Inc. Tuesday became the latest [insurance industry participant]* to splash the cash, agreeing to …

BHSI Expands Team in Dubai with Product Line, Service Appointments

Wed, 19 Sep 2018 08:37:51 +0000

Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has further expanded its leadership team in the Dubai International Financial Centre (DIFC), with the appointment of executives to fill key product line and service posts. “Building a strong foundation of …

After Spate of Typhoons & Hurricanes, World’s Oceans May Take a Breather

Wed, 19 Sep 2018 08:11:09 +0000

With the remnants of Hurricane Florence wringing out heavy rain through the Appalachians and New England this week, and Typhoon Mangkhut winding down in southern China, it looks like the world’s oceans may take a breather. There are few significant …

UK Cryptocurrency Market Similar to ‘Wild West’ and Should Be Regulated: Lawmakers

Wed, 19 Sep 2018 07:39:50 +0000

Britain’s cryptocurrency market resembles the Wild West and should be regulated, lawmakers said on Wednesday, urging the government to bring to heel a sector plagued by volatile price swings, vulnerability to hacking and weak consumer protection. The government’s current approach …

Missouri Sawmill Cited for Safety Violations; Faces Nearly $200K in Penalties

Wed, 19 Sep 2018 06:47:00 +0000

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has proposed penalties of $199,183 to Missouri-based American Walnut Company LLC for two repeated and 14 serious safety violations. OSHA initiated an inspection of the St. Joseph sawmill after …

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