Underwriting
Scientist Panel Prepared to Recommend Much Deeper Cuts in Fossil-Fuel Pollution
A panel of the world's top climate scientists is preparing to recommend much deeper cuts in fossil-fuel pollution than currently suggested as a pathway to stave off a dangerous increase in global ...
Is the Reinsurance Cycle Dead or Just Dormant?
Many reinsurance executives have been left scratching their heads in surprise after last year's natural catastrophes, which cost a whopping $100 billion but ended up having very little impact on ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
Nationwide, Nexar Report Telematics Success On Commercial Auto Pilot
One of Nationwide's commercial insurance policyholders is realizing the benefits of venture-capital investment that the insurer made in a telematics startup and a pilot program that is reducing risky ...
Greenlight Re Invests in Hong Kong-Based Blockchain Business
A division of Greenlight Capital Re has invested in a blockchain-related business based in Hong-Kong. The Cayman Islands-headquartered property/casualty specialist reinsurer said it pursued a ...
Facebook Cyber Breach Affects 50M Users
Facebook Inc has discovered a security issue affecting about 50 million user accounts, the company said on Friday. Facebook said attackers stole Facebook access tokens through its "view as" feature, ...
Goldman Sachs, Bank of America, Others Must Face Stock Lending Antitrust Suit
Major banks including Goldman Sachs Group Inc., Bank of America Corp., Credit Suisse Group AG and JPMorgan Chase & Co. must face allegations that they conspired to prevent the "antiquated" stock ...
UK Insurer Shares Tank After Hostile Weather and RSA Profit Warning
Just like a lot of British houses this summer, U.K. insurance stocks are sinking. The country's nonlife insurers sector had its steepest drop in more than a year-and-a-half on Friday after its ...
Few Small Businesses in Puerto Rico Had Full Insurance Before Hurricane Maria
Only a tiny fraction of small businesses in Puerto Rico was fully insured for losses arising from last year's Hurricane Maria, which hit revenue or raised costs for more than three-quarters of them, ...