Brand Management & Sales
U.S. Property Insurance Rates Continue to Soften Through Q3: Marsh
The surplus of capital among insurers and reinsurers continued to fueloverall softening in the U.S. property insurance market through the third quarter of 2013, Marsh said in a new report. For the ...
Liberty Mutual Buying Rest of Quinn Insurance in Ireland
Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland that it doesn't already own from failed lender Irish Bank Resolution Corp. The company ...
Universal, Fireman’s Fund Seek ‘Fast and Furious’ Solution Following Star’s Death
When "Fast And Furious" star Paul Walker died and left the seventh film in the franchise hanging in the balance, it wasn't the first time a studio and its insurer faced such a situation, but the ...
AmWINS’ DeCarlo Will Be City of Hope’s 2014 Spirit of Life Award Honoree
The City of Hope and the National Insurance Industry Council said M. Steven DeCarlo, CEO of Charlotte, North Carolina-based AmWINS Group Inc., will be honored at the NIIC's 2014 Spirit of Life Award ...
Sompo Japan Expanding Overseas with Acquisition of Canopius for $963M
Sompo Japan Insurance Inc., a unit of Japan's third-largest casualty insurer group by market value, will buy Canopius Group Ltd. of the U.K. for 99.2 billion yen ($963 million) as it expands beyond ...
AmTrust Refutes Negative Report on Accounting, Says Future ‘Never Been Brighter’
AmTrust Financial Services Inc. (AFSI), a New York-headquartered insurer whose stock price fell last week in wake of a negative report from research firm GeoInvesting, is assuring investors its ...
Hartford May Sell Remaining Corporate-Owned Life Insurance Business
Hartford Financial Services Group Inc., the insurer which rebuffed an activist's calls to split into two companies last year, is considering a sale of a business that offered companies life insurance ...
CEOs Hurt Firm Performance By Overstaying Their Welcome: Study
The longer CEOs stay in power, the more likely chief executives are to limit outside sources of market and customer information, ultimately hurting firm performance. A new study suggests that most ...