Underwriting
Africa Experiments With Sovereign Risk Pool Insurance Scheme
In the 1980s images of skeletal Ethiopian babies and their parents, dying from hunger during a devastating famine, helped galvanize global humanitarian and financial aid to drought-ravaged African ...
Tower Group Rejects Offer From Eastern European Insurer
Tower Group International's board of directors unanimously rejected a surprise acquisition bid submitted earlier this week from an Eastern European Insurer, choosing instead to focus on an ongoing ...
Bennett Moves From QBE to Hardy to Head Up Casualty Underwriting
Hardy Underwriting announced Wednesday that Craig Bennett has agreed to join the group to head up casualty underwriting and plans to start in late October/early November. In this new role, Craig will ...
RAND Study Backing TRIA Among Latest Additions to Continuing Renewal Debate
More than seven months before the Terrorism Risk Insurance Act is set to expire yet again, the lobbying push to renew it or let the post-9/11 law lapse is accelerating, with no consensus yet in ...
Brit PLC Grabs QBE’s Aviation Business After Solid Quarter
Brit PLC, a global specialty insurer and reinsurer focused on property, casualty and energy, will snatch up QBE Underwriting Ltd.'s renewal rights to its London-based Lloyd's Aviation Business. ...
Long-Term Opioid Use for Injured Workers Persists; Worst States Revealed: WCRI
A new study, Longer-Term Use of Opioids (2nd Edition), from the Workers Compensation Research Institute (WCRI) found that there was little reduction in the prevalence of longer-term opioid use in ...
Computer Glitch That Caused Air Traffic System Shutdown Sparks Cyber Attack Concerns
A common design problem in the U.S. air traffic control system made it possible for a U-2 spy plane to spark a computer glitch that recently grounded or delayed hundreds of Los Angeles area flights, ...
Class Action Threat: Corp. Bylaws Can Make Suing and Losing Investors Pay Legal Costs, Says Delaware Supreme Ct.
Delaware's Supreme Court has ruled that corporations can adopt bylaws requiring an investor who sues and loses to pay the company's legal costs, potentially upending the economics of a booming type ...