Underwriting
Lead Paint Verdict May Set Dangerous Precedent: McArdle Viewpoint
A California judge has just ruled that manufacturers of lead paints and pigments have to pay 10 cities in California $1.1 billion to remediate lead paint used in homes there. I wrote about this last ...
Wall Street Broker Contests SEC’s Probe with Harassment Lawsuit
Companies usually keep a low profile when the U.S. Securities and Exchange Commission investigates them. Robert DePalo decided to sue. DePalo is accusing the SEC of asking investors "leading and ...
Emerging Nations Overtake West in Dumping Electronic Trash
China and other emerging economies have overtaken Western nations in dumping old electronic goods, from TVs to cellphones, and will lead a projected 33 percent surge in the amount of waste from 2012 ...
U.S. Property Insurance Rates Continue to Soften Through Q3: Marsh
The surplus of capital among insurers and reinsurers continued to fueloverall softening in the U.S. property insurance market through the third quarter of 2013, Marsh said in a new report. For the ...
Universal, Fireman’s Fund Seek ‘Fast and Furious’ Solution Following Star’s Death
When "Fast And Furious" star Paul Walker died and left the seventh film in the franchise hanging in the balance, it wasn't the first time a studio and its insurer faced such a situation, but the ...
SEC Hikes Limit for Small Stock Deals to $50M Under JOBS Act
The U.S. Securities and Exchange Commission unanimously proposed boosting by 10 times the amount of money companies can raise under a simplified public offering, the agency's latest step to ease ...MAPFRE|Commerce Insurance Unveils Telematics Program in Massachusetts
MAPFRE | Commerce Insurance announced the launch in Massachusetts of its DriveAdvisor Program. The new program will allow eligible Massachusetts drivers to receive information on driving patterns and ...
Inga Beale: The Backstory of Lloyd’s Incoming CEO
Official biographies of Inga Beale, who became the first woman to lead Lloyd's as CEO on Jan. 1, reveal her prior leadership of a struggling Converium in the 1990s as a milestone of her career. But ...