Underwriting
Historic Winter Storm Is 2016’s First U.S. ‘Billion-Dollar Weather Event’
While cleanup has only just begun, the historic winter storm that slammed into the Eastern United States over the weekend bringing everything from blizzard conditions to tornadoes caused some serious ...
VW Probe Reportedly Finds Emissions-Cheating Software Was Open Secret
Volkswagen's development of software to cheat diesel-emissions tests was an open secret in its engine development department, Germany's Sueddeutsche Zeitung newspaper said on Friday, citing results ...
‘Almost Pointless’: KBW’s Take on AIG Mortgage Insurance Spinoff Plan
American International Group Inc.'s plan to spin off a portion of its mortgage insurance unit is "almost pointless" given the challenges that Chief Executive Officer Peter Hancock faces to fix the ...
Executives On The Move at Ironshore, BHSI and Lloyd’s
Ironshore named a new global energy industry practice leaders. Berkshire Hathaway Specialty Insurance has a new head of claims tasked with handline a line expansion. Lloyd's hired a regional director ...
Eastern U.S. Blizzard Leaves Disruption and Death in Its Wake
New York, Washington and the U.S. Mid- Atlantic on Sunday shoveled away more than two feet of snow from a blizzard that brought the region to a standstill, grounded more than 13,000 flights, cut ...
Climate Change, Mass Migration Top World’s Major Risks: World Economic Forum
Failure to mitigate and adapt to climate change is the global risk with the greatest potential impact in 2016. The risk ranked as most likely: large-scale involuntary migration. Both are major ...
Swiss Re Joins Urban Catastrophe Recovery Initiative
Swiss Re is linking with a French utilities company and a U.S. non-profit to help cities better protect key infrastructure and recover more quickly after catastrophe strikes. Specifically, Swiss Re ...
Liar, Liar: GM Switch Plaintiff Accused of Fibbing Drops Case
The Oklahoma mail carrier at the center of the first trial over General Motors Co.'s deadly ignition-switch defect is dropping his claims after being accused of lying to the court. Robert Scheuer, ...