Risk
The Latest Launches From Starr Companies, AIR Worldwide and Church Mutual
Starr Companies plans to underwrite an insurance product designed for a particular Canadian visa program. AIR Worldwide released an updated U.S. wildfire model. Church Mutual, meanwhile, is teaming ...
Stock for UK’s Esure Soars on Possible $1.5B Bain Capital Offer
Britain's esure is in advanced talks over a possible 1.17 billion pound ($1.49 billion) bid from Bain Capital Private Equity, the insurance company said on Monday, sending its shares more than 30 ...
Trading Apps Leave Investors Vulnerable to Cyber Attacks: Report
Dozens of applications used for online trading by retail investors have cybersecurity vulnerabilities, some of which could lead to hackers siphoning funds from account holders, according to security ...
Calif. Energy Company CEO Blames Climate Change on $17B in Fire Damages
It was California's biggest fire yet. In late July and August, wildfires devastated an area north of San Francisco far bigger than New York City, destroying more than 100 homes and injuring 2 fire ...
XL Catlin Beefs Up M&A Underwriting Team With Two New Additions
XL Catlin hired two new additions to its team of Mergers and Acquisitions insurance underwriters - one is a veteran executive from Allied World Assurance Company. Naveed Khalidi comes to XL Catlin ...
Verdict Hits Monsanto With $289M in Damages for Roundup Weed Killer Cancer Trial
Monsanto Co. was socked with $289 million in damages in the first trial over claims that its Roundup weed killer causes cancer. Lee Johnson, a former school groundskeeper whose doctors didn't think ...
Property Cover Drives 3rd Consecutive Quarter of Global Commercial Insurance Prices Hikes
Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh's "Global Insurance Market Index." These average ...
Forecasters Downgrade Number of Atlantic Storms Predicted for 2018
With four storms already in the books, the Atlantic is expected to produce a total of nine to 13 named storms during the six-month hurricane season that ends Nov. 30, the National Oceanic and ...