Insurance Insurance Brokers

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • Jan 19- Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The divestiture would undo much of Aon's 2010 acquisition of human resources services provider Hewitt Associates Inc for $4.9 billion,...

  • *Ships exposed through GPS systems, have limited back-up. *Cyber insurance typically doesn't cover jamming, property damage. LONDON, Jan 12- Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through into global prices.

  • NEWARK, N.J.— Prosecutors say a former union official and an insurance broker have been charged after they defrauded a health care plan of about $6.6 million. Sergio Acosta, the former president of United Auto Workers Local 2326, and broker Lawrence Ackerman, were charged Monday with conspiring to defraud Horizon Blue Cross Blue Shield and the union's own plan.

  • Although it's important to have insurance to protect against risk, there is a cost — not just in dollars — to carrying too much coverage.

  • SAN FRANCISCO, Nov 28- Software company Zenefits has been fined $7 million by California's insurance regulator, marking the biggest penalty yet for the startup that has faced multiple investigations for flouting insurance laws. The company offers free software to businesses and makes money acting as a health insurance broker, working as the middleman...

  • Couple doing paperwork

    Most people know they need home, auto and health insurance, but confusion arises with non-required coverage, such as long-term care.

  • In a hospital bed, Life insurance warnin

    Whether married or single, already a parent or not, millennials should consider buying life insurance as part of sound financial planning.

  • TORONTO, Oct 12- Canadian health benefit startup League Inc said on Wednesday it has teamed up with the insurance arm of backer Royal Bank of Canada as it expands into insurance, targeting the many small businesses offering no such benefits to employees. The company received a license on Friday to operate as an insurance broker in Ontario and expects to obtain...

  • insurance

    Start-ups, such as Lemonade and Teambrella, are using peer-to-peer strategies to disrupt to the trillion-dollar insurance industry.

  • MONACO, Sept 13- Insurance executives meeting in Monaco are preparing for another wave of mergers and acquisitions, driven by competition and new money entering the market and driving down returns. Eye-watering valuations, such as the 2.4 times book value Japanese insurer Mitsui Sumitomo paid for Lloyd's insurer Amlin in a 3.5 billion pound deal last year, had...

  • Sept 8- The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping now-imprisoned Texas financier Allen Stanford run a $7.2 billion Ponzi scheme, court papers show. The papers, in which Willis denied wrongdoing, were filed on Wednesday with the federal court in Dallas. In a lawsuit, investors and a...

  • Umbrellas protection

    Umbrella liability insurance is crucial for anyone looking to protect assets and nest eggs from lawsuits and litigious fortune hunters.

  • Brexit fears are overdone: CIO

    Jonathan Bell, chief investment officer at Stanhope Capital, says concerns about insurers and Brexit are overdone by market watchers.

  • umbrellas installation protection insurance

    Retirement planning involves more than just managing your budget and growing savings; you need to protect assets by having adequate insurance.

  • Lemonade insurance

    Insurtech may be a new concept for investors, but it’s attracting big names like Warren Buffett.

  • Zenefits People

    Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices.

  • A man exits the American International Building, world headquarters of American International Group (AIG).

    AIG reported a larger-than-expected quarterly loss and that it is adding a Carl Icahn-linked board member.

  • A customer holds a 100 Yuan note at a market in Beijing.

    China's slowing economy and market rout may capture headlines, but the mainland's debt load is a bigger worry, said top China banking analyst Charlene Chu.