Risk
AIG Under New CEO Hancock Reports a Mixed Q4
Insurer American International Group Inc reported lower-than-expected fourth-quarter earnings on Thursday, hurt by the performance in its corporate category. AIG also declared a dividend of $0.125 ...
Amica Mutual CEO: 2014 Was When ‘Everything Came Together’
Amica Mutual Insurance Co. boosted its net income, added 46,000 more policies and improved its combined ratio in 2014, the insurer disclosed this week. "It was a year everything came together," Amica ...
Senator Warns Smart Cars Vulnerable to Hackers
Automakers are adding wireless technologies into vehicles without enough protection to keep hackers from interfering the operation of a car or stealing personal information, according to a report by ...
Obama Plan to Create Anti-Hacker Agency May Worsen Bureaucracy
President Barack Obama's plan to create a new agency to combat hackers may improve information sharing between government and industry, although it adds to a security bureaucracy that some have ...
Anthem Launches Identity-Theft Protection Signup Following Cyber Attack
Anthem Inc said on Wednesday its millions of customers can sign up for free credit monitoring and identity-theft protection services this week following a massive cyber attack involving stolen U.S. ...
U.S. Housing Secretary Says Cutting Mortgage Insurance Fees Strikes Balance
The Federal Housing Administration is not putting its finances at risk by reducing insurance fees it charges lower-income home buyers, the top U.S. housing official said on Wednesday. Last month the ...
Marsh: Expect More U.S. Commercial Lines Softening in 2015
Competition among property/casualty insurance carriers and the flow of capital into the industry are continuing to drive down rates in most U.S. commercial lines and conditions are particularly ...
OneBeacon’s Adverse Reserve Developments Draw Fitch and Moody’s Attention
OneBeacon Insurance Group has been dealt a ratings outlook warning from Fitch Ratings and an outright downgrade from Moody's Investors Service, stemming from substantial adverse reserve development ...