Underwriting
Jury Orders Costco to Pay $5.5M for Selling Fake Tiffany Rings
Costco Wholesale Corp should hand over $5.5 million to compensate Tiffany & Co for selling counterfeit Tiffany diamond engagement rings, a federal jury said on Thursday. Tiffany is also entitled ...
The Latest Launches From Aon and Liberty Mutual
Aon developed a new cyber risk policy, designed, in part, to address "Internet of Things" risks. Liberty Mutual has two new excess casualty coverage products. *** Aon Risk Solutions says it has ...
The Hartford/UCLA Anderson Forecast Will Study Mysteries of Small Businesses
The Hartford said it has formed a new research partnership designed to help it better understand the evolving small commercial insurance market. Of particular concern: why the rate of net new ...
Typhoon Meranti China Insured Losses Estimate Surpasses $1B: AIR Worldwide
Mainland China could be dealing with more than $1 billion in insured losses from damaged caused by Typhoon Meranti once final tallies are in, AIR Worldwide said. The catastrophe modeling firm ...
IT, Big Data Experts Among 1,300 Employees Progressive Will Add by Year-End
The Progressive Group of Insurance Companies said it plans to hire more than 1,300 people by the end of 2016, focusing in part on beefing up its IT and big data capabilities. Information technology ...
Hamilton CEO Duperreault: SME Joint Venture With AIG, Two Sigma Launches in Q4
Hamilton Insurance Group Ltd., American International Group, Inc. and Two Sigma Investments plan in the fourth quarter to start rolling out a technology-enabled, customer-centric insurance platform ...
Insurers Optimistic About Latest Round of Covered Agreement Talks
Insurers say they are encouraged by the most recent developments in the covered insurance/reinsurance agreement negotiations between the United States and European Commission. Following the latest ...
U.S. Senator Calls for SEC Probe of Yahoo Hacking Disclosure Timing
Democratic Senator Mark Warner on Monday asked the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the ...