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Marsh & McLennan Moved Quickly as Stars and People Aligned in JLT Deal
Marsh & McLennan Inc. (MMC) has been preparing for a major acquisition and admiring its competitor Jardine Lloyd Thompson (JLT) for years. So right after the CEOs of the two firms met on Sept. 7 and he sensed an opening, …

POSTED SEPTEMBER 18, 2018 7:00 PM
California Commissioner Sues Biopharma Giant AbbVie Alleging Illegal Kickbacks in Promoting HUMIRA
California Insurance Commissioner Dave Jones on Tuesday filed an insurance-fraud complaint in Alameda County Superior Court on behalf of the state against AbbVie Inc. alleging the company gave illegal kickbacks to healthcare providers to prescribe HUMIRA, which Jones classified as …

POSTED SEPTEMBER 18, 2018 6:37 PM
Tower Hill Specialty Expands Homeowners Products into Alabama
Tower Hill Specialty insurance products for homeowners are now available in Alabama, as the Ohio-based company expands its regional focus in the Southeast. Specializing in personal lines property products, Tower Hill Specialty now offers homeowners, dwelling fire, manufactured housing and …

POSTED SEPTEMBER 18, 2018 4:45 PM
Duke Restores Power to 1.2 Million in Carolinas as Florence Heads North
Duke Energy Corp., the biggest utility in the Carolinas, has faced a three-front war as it battles back against the wet and dangerously wild effects of Hurricane Florence. The company restored power to almost 80 percent of customers who went …

POSTED SEPTEMBER 18, 2018 4:31 PM
Global Insurers in Mood to Take on New Investment Risks
Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment advisor BlackRock. Almost half (47%) of insurers surveyed plan to increase portfolio risk exposure over the …

POSTED SEPTEMBER 18, 2018 2:49 PM
Dentists Benefits Insurance, Northwest Dentists to Merge With Parent TDIC in California
Dentists Benefits Insurance Co. and Northwest Dentists Insurance Co., acquired by Sacramento, Calif.-based The Dentists Insurance Co. in 2017, plan to merge with their parent company, TDIC. The change is effective Jan. 1, 2019, upon regulatory approval. DBIC and NORDIC …

POSTED SEPTEMBER 18, 2018 2:35 PM
Top 10 Stolen Vehicles: Older Models Most Vulnerable
Hondas that are 10 and 11-years old and even older Ford and Chevrolet pick-ups top the list of the most stolen vehicles in the U.S. in 2017. The National Insurance Crime Bureau (NICB) released its annual Hot Wheels report, which …

POSTED SEPTEMBER 18, 2018 2:02 PM
Three Struck by Train, One Killed in Delaware
A woman has been killed and two men have been critically injured after being struck by a train in Delaware. Police in Georgetown say the three were hit by a Carload Express train early Sunday morning as they walked on …

POSTED SEPTEMBER 18, 2018 2:00 PM
Official Says Pressure Sensors Are Focus of Massachusetts Gas Explosions Probe
The investigation into the Boston, Mass.-area natural gas explosions is partially focused on pressure sensors that were connected to a gas line that was being taken out of service shortly before the blasts, the head of the National Transportation Safety …

POSTED SEPTEMBER 18, 2018 1:37 PM
National Alliance Names Hold CEO; Will Also Succeed Father as President in 2 Years
The Austin-based insurance education organization the National Alliance for Insurance Education & Research has appointed William J. Hold as chief executive officer. He will assume the day-to-day leadership of the organization effective immediately and will assume the presidency in two …

POSTED SEPTEMBER 18, 2018 1:19 PM

Business and financial news - CNNMoney.com

Investors are starting to worry about the economy
One in four professional investors are bracing for global growth to slow in the next year, according to a Bank of America Merrill Lynch survey.

POSTED SEPTEMBER 18, 2018 2:47 PM
United courts fliers with fewer lines
United Airlines wants to cut delays. Its solution: Fewer lines.

POSTED SEPTEMBER 18, 2018 3:51 PM
Tesla stock tumbles on report of criminal probe of Musk claims
Read full story for latest details.

POSTED SEPTEMBER 18, 2018 3:44 PM
SeaWorld will pay $5 million to settle fraud probe
The marine animal park company was accused of misleading investors about how badly the documentary "Blackfish" hurt its business.

POSTED SEPTEMBER 18, 2018 1:59 PM
Wall Street pay is the highest since the financial crisis
The average salary in New York City's securities industry was $422,500 in 2017.

POSTED SEPTEMBER 18, 2018 2:40 PM
The holiday season will be so huge it will overwhelm stores
Read full story for latest details.

POSTED SEPTEMBER 18, 2018 12:04 PM
Papa John's new campaign pushes Papa John further away
Read full story for latest details.

POSTED SEPTEMBER 18, 2018 1:00 PM
Visa and MasterCard agree to settle swipe fee class action for $6.2 billion
After 13 years in federal court and six years after an earlier settlement was rejected by leading merchants, Visa and MasterCard reach $6.2 billion deal to end swipe-fee case.

POSTED SEPTEMBER 18, 2018 2:28 PM
Early Emmys ratings are at an all-time low
The 70th Annual Primetime Emmy Awards struggled to find an audience on Monday night.

POSTED SEPTEMBER 18, 2018 1:30 PM
Julie Chen officially leaves 'The Talk'
In a video message that aired on Tuesday's edition of "The Talk," which is on CBS, Chen told viewers that she is leaving the show for familial reasons.

POSTED SEPTEMBER 18, 2018 3:43 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does JSM Brokerage Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.





 
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