News
Insured Losses from May’s 76 Tornadoes Estimated at $2B-$5B: Eqecat
Tornadoes that struck the United States from May 18 to May 20 caused anywhere from $2 billion to $5 billion in insured losses, disaster modeling company Eqecat said. The firm said most of the losses ...Will Berkshire’s New Specialty Group Rocket Past Ironshore With $5B In Premiums?
“Word on the street” is that Berkshire’s specialty lines unit, headed up by four executives who recently left American International Group, is gearing up to write a $5 billion book of business, ...
NOAA Forecast: Up to 6 Hurricanes This Season on Atlantic Coast
The government's weather center is forecasting that this year's Atlantic hurricane season that begins June 1 will be an active one, perhaps even extremely active, during its six months. Experts at ...
Insurers Oppose Pittsburgh Corning Bankruptcy Exit Plan
Insurers fighting Pittsburgh Corning Corp.’s reorganization have asked a judge to rescind her initial approval of the building-supply company’s plan to exit bankruptcy. U.S. Bankruptcy Judge ...
Top 10 U.S. Insurers in Tornado-Stricken States: SNL Financial
The Moore, Oklahoma tornado, which killed 24 people, was the deadliest to touch down during a nearly weeklong outbreak across the U.S. Midwest. The states hardest hit have been Kansas, Missouri, ...
How to Manage Workaholics
Workaholics tend to live in extremes, with great job satisfaction and creativity on the one hand and high levels of frustration and exhaustion on the other hand. A new Florida State University study ...
DriveID Can Block or Track Driver’s Mobile Use
Fleet managers and parents of teenager drivers were given another weapon in their battle against distracted driving on Tuesday. That’s according to Cellcontrol, the maker of technology to stop ...
‘Systemically Important’ AIG Hunts for Board Member with Regulatory Experience
American International Group Inc.'s board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, ...