Posts in October 2019

Industry Applauds House Panel Backing of Terrorism Reinsurance Renewal

Blog | 0 comments | by Grace Mera

Insurance carriers and agents are applauding a House committee vote advancing a bipartisan measure to renew the federal terrorism reinsurance program.
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Tokio Marine to Buy High Net Worth Insurer Pure for $3.1 Billion

Blog | 0 comments | by Grace Mera

Tokio Marine Holdings Inc. has agreed to buy U.S. high net worth insurer Privilege Underwriters Inc. and its specialty insurance subsidiaries, known as Pure Group, for $3.1 billion (approximately JPY 325.5B).

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Passengers sue United claiming kickbacks doubled the cost of travel insurance

Blog | 0 comments | by Grace Mera

United Airlines.

Travelers have jumped on board a class action complaint aimed at United Airlines over claims that the company pockets an illegal kickback from third-party insurers featured on its website.

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