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Can brokers harness human capital strategies opportunities?
The big brokerages, including Aon, Marsh, Lockton and WTW, have these offerings. They can help deal with a very broad range of challenges, all relevant to a firm’s risk management and insurance costs. The objective, say these global brokers, is a healthier and more engaged and productive workforce. Source link
Mediobanca launches takeover bid for Banca Generali
Mediobanca, based in Milan, holds a 13% stake in Generali, making it the insurer’s largest shareholder. The holding has been a point of contention between Mediobanca and other major investors in Generali, including the family of the late Leonardo Del Vecchio and businessman Francesco Gaetano Caltagirone. Both investors also hold stakes in Mediobanca and have…
Mercury Insurance shares tips on how to mitigate risk during wildfires
The early-season fires, which damaged structures and highlighted preparedness gaps, underscored the importance of reviewing policies before peak wildfire conditions return in the summer and fall. Mercury Insurance is encouraging policyholders, particularly those in high-risk areas, to update their coverage and prepare for possible evacuations. Source link
Alliant Insurance Services adds two new execs to employee benefits group
Key hires have more than 40 years of experience combined Source link
Attorney sanctioned for creating sham trucking entity to sue insurer
Lawyer created fake trucking company to file a lawsuit Source link
CNA sees net income slip
Net income for the quarter was US$274 million, or US$1.00 per share, compared to US$338 million, or US$1.24 per share, in the same period last year. Core income dropped to US$281 million, or US$1.03 per share, from US$355 million, or US$1.30 per share, year over year. Source link