Google-backed 23andMe is at the forefront of the direct-to-consumer DNA test kit boom. There are concerns about how health insurers may use the information to deny coverage. But there's another big insurance wrinkle: life insurance policies.
McElroy had previously been executive chairman of Arch Insurance Group Inc and vice chairman of Arch Worldwide Insurance Group. Other hires by Duperreault include Peter Zaffino, formerly CEO of Marsh& McLennan Cos Inc's insurance brokerage unit, who now heads AIG's general insurance business, and former Berkshire Hathaway executive Tom Bolt as chief...
*Softbank Vision Fund a potential lead investor- sources. LONDON, Aug 1- Wefox, one of Europe's fastest-growing insurance technology firms, is close to settling on a new "triple-digit million" euro funding round, with Softbank's Vision Fund among the suitors, three sources familiar with the negotiations said. Softbank Vision Fund declined to comment.
*Softbank Vision Fund a potential lead investor- sources. LONDON, Aug 1- Wefox, one of Europe's fastest-growing insurance technology firms, is close to settling on a new "triple-digit million" euro funding round, with Softbank's Vision Fund among the suitors, three sources familiar with the negotiations said. Softbank Vision Fund declined to comment.
Jim Cramer sits down with Chubb Limited Chairman and CEO Evan Greenberg, who describes the digital overhaul on which his insurance giant spends over $1 billion each year.
A costly threat to your humble abode is right under your nose: Your plumbing. Here's how to safeguard it.
LONDON, May 21- Data privacy rules coming into force this week are giving Europe's fledgling cyber insurance market a boost as they make companies more aware of the risks caused by customer information breaches. The law brings Europe more closely into line with the United States, where many states have for several years required firms to notify regulators...
May 18- Insurance broker Arthur J. Gallagher& Co will continue to monitor developments on the U.S. withdrawal from the 2015 international agreement designed to deny Tehran the ability to build nuclear weapons, the company said on Friday. AJG has British and Norwegian subsidiaries that have brokered insurance and advised clients on activities related to...
May 18- Insurance broker Arthur J. Gallagher& Co will continue to monitor developments on the U.S. withdrawal from the 2015 international agreement designed to deny Tehran the ability to build nuclear weapons, the company said on Friday. "Whatever the decision from the U.S. administration, we will take appropriate action in compliance with all applicable laws as...
May 7- Insurer Chubb Ltd and a unit have agreed to pay a total of $1.3 million to New York State's insurance regulator over their role in a National Rifle Association insurance program, the regulator said on Monday. In addition to the fine, Illinois Union agreed not to participate in the Carry Guard insurance program, or any similar program in New York, nor to provide...
A 702(j) plan is not a retirement plan, even though that's how it's marketed. It is actually a life insurance policy.
*Fnac Darty holds AGM on May 18. PARIS, May 3- The board of French retailer Fnac Darty has rejected a plan to grant insurance broker SFAM two boardroom seats, arguing it did not have enough time to conduct an in-depth review of potential conflicts of interest. SFAM requested by mail on April 19 and e-mail on April 20 that two draft resolutions to appoint two new board...
April 30- Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such as mass shootings, the companies told Reuters. The registry is created with Risk Cooperative, a Washington, D.C.- based specialty insurance broker that develops Lloyd's of London- backed programs, and...
March 21- Insurance broker Paul Marshall can count on his phone ringing in the aftermath of a school shooting. Since the Feb. 14 shooting at a Florida high school, where 17 people were killed and more than a dozen injured, seven South Florida school districts have bought $3 million worth of "active shooter" coverage that Marshall's Ohio- based employer, the McGowan...
March 21- Insurance broker Paul Marshall can count on his phone ringing in the aftermath of a school shooting. Since the Feb. 14 shooting at a Florida high school, where 17 people were killed and more than a dozen injured, seven South Florida school district have bought $3 million worth of "active shooter" coverage that Marshall's Ohio- based employer, the McGowan...
March 21- Insurance broker Paul Marshall can count on his phone ringing in the aftermath of a school shooting. Since the Feb. 14 shooting at a Florida high school, where 17 people were killed and more than a dozen injured, seven South Florida school district have bought $3 million worth of "active shooter" coverage that Marshall's Ohio- based employer, the McGowan...
Feb 26- Insurance broker Lockton, which has worked with the National Rifle Association on gun show and gun carrying policies, on Monday said it would no longer sell NRA-endorsed products. Insurer Chubb Ltd on Friday said it would stop underwriting the "NRA Carry Guard" program that offers protection for gun owners who shoot in self-defense.
Delta and United joins Avis, Enterprise and others in ending partnerships with the NRA.
If you bought long-term care insurance years ago, you're probably facing some steep rate increases. Here's what you should do next.
The tax overhaul limits the deduction you can take in case of fire, flood or theft.
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