Risk
Allianz, Mitsui Sumitomo Reportedly Finalists in Bid for Malaysia Auto Insurer
Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for AmGeneral Insurance Bhd., in a deal that could value Malaysia's ...
Flood Insurance, Terrorism Cover, FIO Will Be on the 2019 P/C Congressional Agenda
Reform and long-term renewal of the National Flood Insurance Program will be high on the property/casualty insurance industry's agenda when the new Congress begins its work in January 2019. Congress ...
Carriers Will Increasingly Turn to the Cloud in 2019: Deloitte Prediction
Insurers are poised to increasingly embrace the cloud and related technologies in 2019, according to predictions Deloitte makes in a new report. Deloitte argues that for the insurance industry, an ...
Expect at Least $2.5B in Insured Losses From Calif. Woolsey Fire: AIR Worldwide
Catastrophe risk modeling firm AIR Worldwide estimates at least $2.5 billion in insured losses from the Woolsey Fire in Southern California. AIR said that its estimate of insured losses is based on ...
UK Trade Secretary Urges Colleagues to Back Brexit Deal or Be Trapped in EU Forever
U.K. Trade Secretary Liam Fox, a veteran Brexit campaigner, told his colleagues to back Theresa May's divorce deal or risk trapping the country in the European Union. Speaking in a Bloomberg ...
Judges Skeptical About Combining 3M, DuPont Suits Over Cancer-Linked Chemicals
Creating a massive lawsuit over cancer-linked chemicals found in around a third of Americans' drinking water got a skeptical reception in federal court Thursday. A panel of seven judges in Manhattan ...
Report: Ex-GE Employees Being Questioned About Legacy Insurance Business
General Electric Co's former employees are being questioned by federal investigators about details in a legacy insurance business that led to accounting issues at the conglomerate last year, the Wall ...
Marriott Cyber Attack Puts Data From 500 Million People At Risk
Marriott International Inc. has been investigating a hack involving unauthorized access to the guest reservation database at its Starwood unit since 2014, in what may be one of the biggest such data ...