Underwriting
Global Insurance Premium Grows at Healthy Clip Despite Trade Slowdown: Swiss Re
Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in real terms, up from 3.5 percent in 2014, according to Swiss Re's ...
Miami Predatory Lending Lawsuit Heads to U.S. Supreme Court
The U.S. Supreme Court on Tuesday agreed to decide whether Miami can pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults ...
VW’s $15B Diesel-Cheating Settlement Will Only Go Higher in Months Head
Volkswagen AG's $15.3 billion agreement to get a half million emissions-cheating diesel vehicles off U.S. roads sets an auto-industry record that will only go higher as criminal probes and lawsuits ...
U.S. Carriers Must Adapt to Creeping Demographic Changes: Conning
Future customers for U.S. personal lines insurers are shaping up to be starkly different, demographically speaking, than they have been previously, Conning asserts in a new report. With this in mind, ...
China’s Fosun Pledges Ironshore Will Hit IPO ASAP This Year
Fosun Group, China's biggest private conglomerate, will list U.S. property/casualty insurer Ironshore Inc "as soon as possible" this year, Guo Guangchang, the company's billionaire co-founder and ...
National General to Pay $165M for Regional Auto Insurer Direct General
National General Holdings Corp. will pay $165 million for a Tennessee-based property/casualty insurer focused on nonstandard auto business. The New York City-based specialty insurance holding company ...
PCI Urges Consideration of Firefighting Funding Reform Bill
The Property Casualty Insurers Association of America is throwing its support behind a bill first proposed in 2015 that would make supplemental federal funding to fight wildfires a more flexible and ...
Brexit Vote Fallout Will Not Be Solved Quickly
To leave, or not to leave: That is the question. Still. After Britain's historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never ...