Risk
Farmers Mutual Hail Will Buy Deere’s Crop Insurance Unit
Deere & Co., the world's largest manufacturer or agricultural machinery, agreed to sell its crop insurance segment to Farmers Mutual Hail Insurance Co. of Iowa, retreating from a business that ...
U.S. Vehicle Theft Rate is Plummeting: NICB
If you own a vehicle, your chances of having it stolen today are significantly less than at any other time since 1960, according to an analysis by the National Insurance Crime Bureau, which compared ...
Berkshire Hathaway Arm Unveils Asset Management Liability Policy
Berkshire Hathaway Specialty Insurance has added asset management liability insurance to its Professional First suite of professional liability products. The policy provides clear and customizable ...
New York to Ban Fracking After Health Department Calls It Unsafe
The New York state Health Department said fracking for natural gas can't be done safely, dooming prospects that Governor Andrew Cuomo will end a six-year moratorium. Acting Health Commissioner Howard ...
With TRIA Renewal Efforts Killed, Some Predict Market Chaos
Property/casualty insurance industry groups, business associations and observers alike were quick to condemn the death of TRIA renewal for 2014. Without federal terrorism reinsurance in place for ...
Power Outages to Rise in NY, Philly, Other Cities: University Study
Cities like Miami are all too familiar with hurricane-related power outages. But a Johns Hopkins University analysis finds climate change will give other major metro areas a lot to worry about in ...
XL Group CEO Confirms M&A Talks with Rival Catlin
XL Group plc has confirmed that it is in preliminary discussions focused on potentially acquiring rival Catlin. If an M&A agreement comes together, it would be a major consolidation move in the ...
Former Sony Workers Suing Over Unprotected Personal Info
Sony Pictures Entertainment has been sued by two self-described former employees who accuse the movie studio of failing to protect Social Security numbers, healthcare records, salaries and other data ...