Underwriting
Car Makers, Suppliers Give Widely Differing Timelines for Self-Driving Cars
Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the technology as well as a split between ...
Russia Allegedly Hacked Yahoo, But Cybersecurity Lapses Were Severe
When it comes to Yahoo's massive security breach, the company was right about one thing. Yahoo! Inc. has been saying since September that a state-sponsored actor was behind a hack in 2014 that ...
RMS Debuts Agricultural Risk Models for India, China; Expanded Cover Planned
RMS, the Newark, Calif.-based catastrophe risk management firm, has added agricultural risk models for India and China to its line of emerging risks models, with plans to expand coverage across ...
Most Insurers Envision at Least One Acquisition in 2017: KPMG Survey
A large majority of insurers plan to pursue acquisitions or divestitures through 2017, according to a new KPMG report, indicating that late-2015 and 2016 deal-making wasn't a fluke. About 84 percent ...
AIG, Wary of Battle With Icahn, Pushed for CEO Hancock’s Resignation: WSJ
American International Group Inc's decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with billionaire activist investor Carl Icahn, the Wall Street Journal reported, ...
New El Niño Possible by July; Southeast Asia Could Face Dry Weather
An El Nino may develop by July as forecasters worldwide predict the pattern that can disrupt global weather is set to return this year. Six of eight climate models predict El Nino thresholds may be ...
The Hanover, Amica Top 2017 J.D. Power Homeowner Claims Satisfaction Ranking
Amica Mutual may still lead the pack in terms of overall satisfaction among homeowners who have filed a property claim, but The Hanover and Nationwide are nipping at the insurer's heels, according to ...
Amica Chief Steering Mutual Carrier Through Soft Market
The soft market hasn't gotten Robert A. DiMuccio down. DiMuccio, chairman, president and chief executive officer of Amica Mutual Insurance Co., sees growth opportunities for mutual carriers even in a ...