Day: September 4, 2018

Max Services, Wetzel Associates Offer ‘Conversational’ Commerce Suite

Max Services Inc. and Thomas H. Wetzel Associates have partnered with LivePerson, a provider of conversational commerce products, to yield insurers and agents with an enterprise-level choice to promulgate with their business around websites, SMS, mobile apps, and other messaging platforms. LivePerson’s conversational commerce platform, LiveEngage, enables businesses to...

CNA Names Accenture’s Costonis as Chief Operations Officer

Commercial lines insurer CNA announced a appointment of Michael Costonis as arch operations officer. Costonis will lead all information technology, analytics and operations functions opposite a organization. He will be stating to Dino E. Robusto, authority and arch executive officer. Costonis joins CNA after a 26-year career during Accenture,...

AIR Worldwide and Capsicum Re Collaborate to Enhance Silent Cyber Models

Catastrophe displaying organisation AIR Worldwide (AIR) announced it is collaborating with reinsurance attorney Capsicum Re to raise a word industry’s displaying of what many impute to as “silent” cyber incidents. As partial of a collaboration, a dual firms will brand that non-cyber lines of business and industries are some-more...

Judge Tosses Uber Investors’ Class Action Bid Over Stock Losses

Uber Technologies Inc. and a former Chief Executive Officer Travis Kalanick degraded a lawsuit claiming a association swept unlawful business practices underneath a carpet that cost investors billions of dollars. U.S. District Judge Haywood S. Gilliam Jr. in Oakland, California, on Friday concluded with Uber’s and Kalanick’s bid to...

Enstar to Acquire Maiden Reinsurance North America

An Enstar Group auxiliary has concluded to acquire Maiden Reinsurance North America from a auxiliary of Maiden Holdings. The net care payable in a exchange is $307.5 million, theme to certain shutting adjustments. Enstar will assume approximately $1.3 billion of net detriment and detriment composition responsibility pot and unmerited...

Prudential Joins Direct-to-Consumer Movement

Prudential is going true to consumers with a word and investment products for a initial time in a 143-year history, a pierce that follows rivals and startups that are already good determined in a field. The direct-to-consumer use outlines a sea change for Newark, New Jersey-based Prudential, a largest...

Selective Insurance Company of America Promotes Cunniff, Bradley

Selective Insurance Company of America, a auxiliary of Branchville, N.J.-headquartered Selective Insurance Group Inc., has allocated Christopher Cunniff to comparison clamp boss of actuarial renting and Ryan Bradley to clamp boss of hit core operations. Cunniff assimilated Selective in Jul 2018. Prior to that, he served as comparison clamp...

Marsh & McLennan Agency Hires Perlman in Virginia

Marsh McLennan Agency (MMA) has hired Denise Perlman as executive clamp boss of Business Insurance and National Partnerships. Perlman is formed in Richmond, Va., and reports to MMA President Bill Jeatran. In this role, Perlman will lead MMA’s inhabitant expansion strategy, focusing on conduit relations and marketplace opportunities with...

Former Postal Worker Charged in N.Y. for Falsely Obtaining $160K in Disability Benefits

A former engine car user for a United States Postal Service (USPS) has been charged with creation fake statements to obtain sovereign employees’ compensation, according to a censure unblocked in sovereign justice in Brooklyn, N.Y. Joseph Penatello was arrested and approaching to make his initial coming Friday afternoon before...

Vermont Electric Co-Op Gets $1.7M for Storm Damage Repair

The Vermont Electric Co-Operative is removing a sovereign extend to assistance correct 54 transformers and scarcely 2,900 miles of delivery and line poles shop-worn by a serious charge and flooding final October. The $1.7 million extend from a Federal Emergency Management Agency represents a sovereign share of a $2.3...