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AIG Starts Rebranding Group Insurer VALIC as AIG Retirement Services

Mar 22, 2019 American International Group Inc. is rebranding its group retirement business VALIC as AIG Retirement Services. The change will be phased in...

FWD Group Seeks to Acquire Siam Commercial Bank Life Insurance Business

Mar 22, 2019 FWD Group is in negotiations with Siam Commercial Bank Public Co. Ltd. to acquire the bank’s life insurance business, according to a filing...

Sompo Forms Medical Technology Partnerships to Enhance Health Services

Mar 22, 2019 Sompo Holdings Inc. has formed two business alliances with technology companies to improve the insurance group’s medical insurance services...

New Zealand Insurers Staying in Wellington Market

Mar 22, 2019 New Zealand insurers will not withdraw from the Wellington market despite the large earthquake risks in the capital city, according to Insurance Council of New...

Insurance Journal

Texas Senate Passes Harvey Relief Package

Mar 22, 2019 Texas state senators unanimously approved a multi-billion dollar Harvey aid package aimed at helping communities still struggling to recover after the historic storm and prepare...

While You Were Busy, You May Have Missed These

Mar 22, 2019 “The problem is that those of us who are lucky enough to do work that we love are sometimes cursed with too damn much of it.” ― Terry Gross, All I Did Was Ask:...

Lloyd’s Comments on Reports of Rampant Sexual Harassment in the Marketplace

Mar 22, 2019 In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek...

Paralyzed California Man Settles Shooting Lawsuit for $2.5M

Mar 22, 2019 Three California police departments have reached a settlement with a man who was paralyzed after being shot by officers. The Fresno Bee reported this week that 19-year-...

Claims Journal

Last Customers Being Reconnected to Puerto Rico Power Grid

Mar 22, 2019 SAN JUAN, Puerto Rico — Crews were preparing Wednesday to shut down generators that have powered an island off Puerto Rico’s coast — the last customers...

Museum Recreates Katrina’s Muck in New Orleans

Mar 22, 2019 About the photo: Artist Aaron Angelo takes a sledgehammer to the leg of a baby grand piano in a house where two rooms are being transformed to look as they might have looked...

Indonesian Airline Cancels Boeing 737 Max Order as Airline Plans Retrofit

Mar 22, 2019 AKARTA/OSLO — Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets, it said on Friday, saying some passengers...

Sackler Family Accused in New Claim of Causing Opioid Crisis

Mar 22, 2019 The billionaire family that owns opioid-maker Purdue Pharma LP has been accused in a new lawsuit of causing the nationwide public-health crisis involving pain-killing...