Underwriting
PURE Wins A.M. Best Ratings Upgrade
The PURE Group of Insurance Companies won an A.M. Best ratings upgrade, thanks to its strong overall performance. Specifically, A.M. Best upgraded the financial strength rating to "A (Excellent)" ...
Church Mutual Launches Online Subsidiary Targeted to Smaller Religious Organizations
Church Mutual Insurance Co. has launched an online subsidiary targeted to smaller churches and other religious organizations. CM Select Insurance Co. will allow those clients to get quotes, purchase ...
California, Hammered by Fires, Plans for Many More Climate-Change Risks
Two-thirds of California's beaches may be washed away by the end of the century, according to the state's latest forecast. California's fourth statewide climate assessment details the increasingly ...
India Recommends J&J Pay Patients Compensation Over Recalled Hip Implants
A government panel has recommended that Johnson & Johnson (J&J) pay compensation of at least $28,500 to each Indian patient who suffered from artificial hip implants the U.S. healthcare firm ...
October Brexit Deadline May Quietly Go Away
The U.K. and the European Union still say in public they want a Brexit deal wrapped up in the next seven weeks. Behind the scenes, though, senior officials on both sides admit this is unlikely. They ...
Insurers Can Handle Hurricane Lane’s Hawaii Damage: A.M. Best
Hurricane Lane may have caused widespread floods and landslides in Hawaii, but insurers should be equipped to handle any losses, A.M. Best said in a new briefing. The ratings agency said that most ...
Another Tally Leaves Puerto Rico Hurricane Maria Deaths Much Higher Than Initial Count
Nearly 3,000 Puerto Ricans died due to Hurricane Maria, according to a George Washington University report commissioned by Governor Ricardo Rossello that's the latest to assert that the island ...
Buffett’s Berkshire Hathaway Invests in India-Based Digital Payments Company
Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm, a source said, its first investment in an Indian startup as it moves into ...