Claims / Legal
Travelers $633M Buyback Sets Record in Quarter as Storm Costs Decline
Travelers Cos., the only property insurer in the Dow Jones Industrial Average, spent a record amount on share repurchases this quarter as it benefits from lower costs tied to the most severe natural ...
Rain but No Damage as Gabrielle Buffets Bermuda; Humberto to Miss Land
Missing a record for being the latest first Atlantic hurricane in the satellite era by just a few hours, Hurricane Humberto developed early Wednesday, according to AIR Worldwide, which also reported ...
Google Loses Appeal in Street View Privacy Case
A federal appeals court rejected Google Inc.'s bid to dismiss a lawsuit accusing it of violating federal wiretap law when its accidentally collected emails and other personal data while building its ...
Berkshire Hathaway Specialty Insurance Taps Greeley As Claims VP
Berkshire Hathaway Specialty Insurance announced Tuesday that Todd M. Greeley joined the firm as Vice President, Claims, Executive & Professional Lines. Greeley was previously a vice president at ...
G20 Regulators Commit to Completing Financial Reforms
World leaders renewed their determination on Friday to work more closely and regulate across the financial system to avoid conflicting rules that would crimp economic growth. The Group of 20 nations ...
KKR Buying Insurance Claims Firm Mitchell in $1B Deal
KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, agreed to buy Mitchell International Inc., the first buyout by the firm's technology group since the head of the team ...
Wells Media Launches Carrier Management Print Magazine
Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the ...
S&P Calls Federal Lawsuit ‘Retaliation’ for U.S. Downgrade
Standard & Poor's said on Tuesday the U.S. government filed a $5 billion fraud lawsuit against it in "retaliation" for its 2011 decision to strip the country of its "AAA" credit rating. The ...