Underwriting
Takata Sued by Nissan, Ford, BMW Over Faulty Airbag Losses
Nissan Motor Co., BMW of North America and Ford Motor Co. accused Takata Corp. of fraud in a lawsuit seeking to force the airbag manufacturer to cover losses they incur because of its faulty ...
Terrorism Reinsurance Fund in UK Wants to Add Cyber Cover
Britain's 6 billion pounds ($7.3 billion) terrorism reinsurance fund hopes to extend its cover to include cyber attacks on property, chief executive Julian Enoizi said. Pool Re, set up in 1993, acts ...
Brexit Deal Must Benefit UK and EU, Trade Association Argues
A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients' access to the London insurance market, according to the London Market Group (LMG), an association ...
Luxembourg Is Benefiting as Financial Firms Plan for a Post-Brexit World
Luxembourg is becoming a serious contender among nations bidding for business to come their way after the U.K.'s exit from the European Union, as insurers, asset managers and financial-technology ...
EU Pushes to Save Paris Climate Change Agreement With More Diplomacy
EU foreign ministers on Monday said the bloc would strengthen diplomacy to promote the fight against climate change in the face of a possible U.S. exit from the Paris agreement. U.S. President Donald ...
Trump’s Tax Reform Plans Will Help Some U.S. Insurers, Reinsurers: Morningstar
A cadre of U.S. insurers and reinsurers stand to gain from lower corporate tax rates advocated by President Donald Trump and Republican members of Congress as part of a broader reform effort, ...
Progressive’s Flo Is Ready to Win Over ‘Rate Shock’ Drivers
Progressive Corp., the fourth-largest U.S. auto insurer, boosted spending on marketing this year to win customers after scaling back in the second half of 2016 when increased costs from car accidents ...
Why Workers Comp Matters as Broader Safety Net Is Weakened: WCRI Conference
After decades of managing costs for employers, it's time for workers compensation professionals and public policymakers to turn their attention to the needs of injured workers and think of themselves ...