Underwriting
Crackdowns on Distracted Driving Are Spreading
Like many diligent public servants, Georgia state Representative Ed Setzler enjoys crowing about a nice, tidy highway project. In a Sept. 8 Facebook video, the Republican appeared to be doing just ...
Swiss Re, Cerberus, Among Parties Exploring Anbang Insurance Investment
China's attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations. ...
Hurricane Michael Insured Losses Could Hit Between $6.8B-$10B: RMS
Insured losses from Hurricane Michael now look to be between $6.8 billion and $10 billion, according to a new estimate from catastrophe modeler RMS. That estimate covers insured losses relating to ...
UK PM May Reportedly Bends on Brexit Border Demand
U.K. Prime Minister Theresa May is said to be ready to ditch one of her key Brexit demands in order to resolve the vexed issue of the Irish border and clear the path to a deal, according to people ...
Berkshire Hathaway Sued, Accused of Trying to Cripple Company That Sells Duracell Products
Warren Buffett's Berkshire Hathaway Inc. was accused in a lawsuit of trying to cripple a New York-based company that sells Duracell-branded products after the billionaire investor acquired the ...
AIG Alert: Florence, Typhoons Will Cause Up to $1.7B in Cat Losses
American International Group Inc. expects to report third-quarter catastrophe losses of $1.5 billion to $1.7 billion from natural disasters including Hurricane Florence and typhoons Jebi and Trami. ...
Large Q3 Losses Coming for Swiss Re; Italy Bridge Collapse, Storms to Blame
Swiss Re AG said it will post relatively "large" losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms. Natural disaster ...
Once Again, the U.S. Asks SCOTUS to Stop Teens’ Climate-Change Lawsuit
President Donald Trump's administration asked the U.S. Supreme Court stop a novel and sweeping lawsuit pressed by children and teenagers seeking to force the federal government to take steps against ...