Content from Andrew Simpson
Energi Insurance CEO McCarthy: Plugged Into Energy Revolution Through R&D
Just as there are best practices for managing today's energy risks, there are best practices for managing a company that specializes in insuring those risks. According to Brian McCarthy, best ...
Esurance Giving Away $1.5M in Twitter Sweepstakes
Direct car insurance provider Esurance is giving consumers a chance to win $1.5 million in a Twitter sweepstakes. Actor John Krasinski announced Esurance's Twitter sweepstakes in a television ...
Creating Conditions for Private Flood Insurance Market
New technologies and a better understanding of flood risk may have increased private insurers' interest in providing flood insurance but real obstacles remain to the private sector getting involved. ...AIG Extends Tax Asset Protection Plan by 3 Years
American International Group Inc. extended by almost three years a plan designed to protect the value of deferred tax assets that limit payments to the government that bailed out the insurer. The ...
Arch Capital, JP Morgan’s Highbridge Launch Bermuda Reinsurer, Watford Re
Arch Capital Group Ltd. disclosed in a Securities and Exchange (SEC) filing last Friday that its new subsidiary, Arch Underwriters Ltd., has agreed to act as reinsurance manager for a newly-formed ...
CoreLogic Acquires Catastrophe Modeler EQECAT
CoreLogic, an Irivine, Calif. company that provides the insurance, financial services and real estate industries with data and analytics, has acquired catastrophe modeling firm EQECAT from ABS Group. ...
Congress Should Weigh Adding Cyber Attacks to TRIA: Chertoff
The nation's lawmakers should consider adding cyber terrorism to the federal Terrorism Risk Insurance Act (TRIA) when they renew that reinsurance program, advises Michael Chertoff, former homeland ...
FEMA Seeks Dismissal of State Lawsuit to Delay Flood Insurance Rate Hikes
The federal government is urging a federal court to dismiss a Mississippi lawsuit seeking to halt flood insurance rate hikes until an affordability study is completed. In arguing for the suit ...