Underwriting
Property Catastrophe Reinsurance Rate Hike Momentum Sputters: Willis Re
Any momentum for property catastrophe reinsurance rate hikes in place earlier this year has largely dissipated during the June/July renewals, and some pricing has even dipped, Willis Re said in its ...
$55M J&J Talc Powder Verdict Thrown Out in Missouri Appeals Court
A Missouri appeals court on Friday threw out a $55 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products, ...
UK PM May Seeks to Force Brexit Reckoning
This could be a deadly month for Theresa May. Unpopular at home and in Brussels, the British leader will try to restore order with a Cabinet lock-in at her country estate that's been dubbed the body ...
Tariffs, Congressional Negotiations Put Pressure on U.S. Subsidized Multiperil Crop Insurance: A.M. Best
Farm bill negotiations in Congress will potentially place serious pressure on the U.S.-subsidized multiperil crop insurance market, a new A.M. Best report concludes. Here's why: Typically, the ...
Kemper/Infinity Property and Casualty M&A Deal to Close July 2
Kemper Corp. expects to complete its $1.3 billion cash and stock acquisition of Infinity Property and Casualty Corp. on July 2. Both companies disclosed on June 28 that they have all the necessary ...
Wells Fargo Suit Alleges Bank Encouraged Use of Hidden Fees in Finance Programs
Wells Fargo & Co has been hit with a lawsuit by a Texas jewelry company accusing it of encouraging thousands of retailers nationwide to charge hidden fees to customers using financing programs ...
Greater Natural Gas Use Could Address Global Warming, Says BP and Chevron
To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less. That's the message being delivered by the world's biggest energy companies at the World ...
P/C Insurers Struggle to Match the Digital Customer Service Wizardry of Others: J.D. Power
Property/casualty insurers have a long way to go toward meeting customer expectations about their digital interactions, the new J.D. Power 2018 Insurance Digital Experience Study found. J.D. Power ...