Risk
Hannover Re, SCOR Gain Approval to Open India Branch Offices
Both Hannover Re and SCOR have gotten regulatory approval to launch branches in India. Hannover Re announced on Dec. 28 that the Insurance Regulatory and Development Authority of India granted ...
Halliburton Will Pay $100M to Settle Shareholder Class Action Lawsuit
Halliburton Co on Friday said it had reached a $100 million settlement to resolve a long-running securities fraud class action lawsuit against the oilfield services provider that twice reached the ...
Nationwide: Housing Downturn Risk Is Low for 2017
A new Nationwide study found low risk for a U.S. housing downturn in 2017, thanks to solid job growth, falling delinquency rates and improving demographics. But a deeper dive shows that markets east ...
Uber Halts Autonomous Car Program in Calif. After Vehicle Registrations Revoked
Uber Technologies Inc. pulled its self-driving cars from San Francisco's streets after the state of California revoked registrations for the vehicles. The move impacted 16 Uber automobiles, the ...
P2P Startup Lemonade Seeks 46-State Expansion
Lemonade is eyeing a national expansion after filing for a license to operate in 46 states and the District of Columbia. The peer-to-peer insurance startup focused on renters and homeowners insurance ...
Healthy Growth in U.S. Personal Auto Premiums Faces Future Risk: A.M. Best
The U.S. personal auto insurance industry saw net premiums written grow 5.1 percent in 2015 — a rate of growth that may not be repeated as rising loss ratios weaken both underwriting and operating ...
2017 Predictions Part III: Motor-Cyber, India Reinsurance and More
Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market ...