Underwriting
Suit Alleges Nestle’s Poland Spring Passes Off Ground Water as High-End H20
Nestle SA's Poland Spring Water unit has duped American consumers into paying premium prices for ordinary ground water that's pumped from some of Maine's most populated areas, rather than from ...
HDI Global Insurance Forms E&S Subsidiary
Industrial insurer HDI Global Insurance Co. (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance Co. The new platform will "bring European expertise and solutions" to the ...
North America Rebounds in QBE’s H1; Emerging Market Results Tank
QBE reported a healthy profit hike during the first half of 2017, despite heightened claims activity in its Emerging Markets' division, which reported a combined ratio of 110.8 percent. This poor ...
Common Misconceptions and 4 Other Reasons Cybersecurity Is Failing
Businesses are spending a small fortune on cybersecurity but what they are doing is not working very well, according to a cybersecurity expert who sees the insurance industry as a key to improving ...
Another Wells Fargo Snafu: It May Have Harmed Customers by Closing Real Accounts
After paying customers millions of dollars for opening phony accounts they did not want, Wells Fargo & Co has said it is now grappling with the possibility it harmed customers by closing real ...
Further UK Brexit Plan Details Are on Their Way
The U.K. is preparing to give further details of its approach to Brexit next week when it lays out positions in at least three different areas that it wants to negotiate with the European Union. ...
Three Potential Atlantic Storms Are Brewing, Thanks to Warm Ocean Temps
Not one, but three potential storms threaten to usher in the busiest phase of the Atlantic hurricane season later this month, courtesy of warm ocean temperatures. The season -- which runs from June ...
Allstate’s July Pre-Tax Catastrophe Losses: $181 Million
The Allstate Corp. said pre-tax catastrophe losses in July reached $181 million, with more than half of the cost coming from severe wind, hail and rain events in the U.S. Midwest. Broken down, 13 ...