The Dow Jones Industrial Average surged above 28000 for the first time Friday, a furious rally in the final minutes of the trading session. The blue-chip index opened modestly higher and climbed throughout the session as investors cheered good news on trade talks and the economy. Friday's biggest gainers were UnitedHealth Group (UNH), Johnson& Johnson and Pfizer.
Dear Shareholders: The recent closing of two strategic joint ventures; PrimeAxess, Inc. and OpenAxess, gives our public holding company, Quad M Solutions, Inc. (MMMM), the ability to offer independent contractors, GIG economy workers, small group employers, and entrepreneurs proven quality health insurance and employee benefit options that offer partially self-funded comprehensive major medical healt...
NEW YORK, Nov. 14, 2019 Union labor will build all of Fordham Landing, developer Dynamic Star's planned development in the University Heights neighborhood of The Bronx, notes Gary Segal, Dynamic Star's President and CEO. $3.5-billion project is expected to generate some 8,000 construction jobs and create as many as 10,000 permanent positions.
ST. PETERSBURG, Fla. Neptune currently uses the Triton engine to power its revolutionary residential flood insurance product which is now available in 38 states. Triton allows a client, or their agent, to enter an address and based on that simple entry perform a complex series of risk, pricing, disaggregation and reinsurance carrier selection calculations instantaneously.
Allianz SE: * MICROSOFT (MSFT) - ALLIANZ AND CO ANNOUNCED A STRATEGIC PARTNERSHIP FOCUSED ON DIGITALLY TRANSFORMING INSURANCE INDUSTRY. * MICROSOFT (MSFT) - THROUGH PARTNERSHIP, ALLIANZ WILL MOVE CORE PIECES OF ITS GLOBAL INSURANCE PLATFORM, ALLIANZ BUSINESS SYSTEM TO MICROSOFT'S AZURE CLOUD Source text for Eikon: Further company coverage:
Allianz Se: * PARTNERS WITH MICROSOFT TO DIGITALLY TRANSFORM THE INSURANCE INDUSTRY. * MICROSOFT TO PARTNER WITH SYNCIER, B2B2X INSURTECH FOUNDED BY ALLIANZ, TO OFFER CUSTOMIZED INSURANCE PLATFORM SOLUTIONS AND RELATED SERVICES Source text - https://bit.ly/37dJg0a Further company coverage:
MUNICH and REDMOND, Wash. Syncier will offer a configurable version of the solution called ABS Enterprise Edition to insurance providers as a service, allowing them to benefit from one of the most advanced and comprehensive insurance platforms in the industry, reducing costs and centralizing their insurance portfolio management.
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal. Gavin Newsom questioned PG&E Corp.' s $11 billion settlement proposal for insurance losses tied to wildfires and said it could derail the utility's bankruptcy exit strategy. In a court filing on Saturday, the Democratic governor raised several objections to the proposed deal with insurance creditors after it emerged...
Beazleys head of broker relations & marketing, Lou Ann Layton, has been honored for her substantial contribution to the professional liability insurance industry by The Professional Liability Underwriting Society.
Gavin Newsom questioned PG&E Corp.' s $11 billion settlement proposal for insurance losses tied to wildfires and said it could derail the utility's bankruptcy exit strategy. In a court filing on Saturday, the Democratic governor raised several objections to the proposed deal with insurance creditors after it emerged as a sticking point in negotiations to resolve PG&E's (PCG) massive debts and wildfire liabilities. If the company can't resolve an impasse over the insurance...
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