Underwriting
Supreme Court to Hear Halliburton Securities Class Action
The U.S. Supreme Court, which in recent years has ruled for business in a string of high-profile cases, agreed on Friday to hear a case that could herald a dramatic decline in securities class action ...
Insurance for Futures Seen Feasible After MF Global’s Collapse
Insurance against losses for U.S. futures customers may be feasible, according to a study commissioned after MF Global Holdings Ltd. and Peregrine Financial Group Inc. collapsed. The study, ...
Lenders Miss Out on Supreme Court Showdown; New Jersey ‘Disparate Impact’ Case Settles
The settlement of a New Jersey housing-bias lawsuit scuttles a U.S. Supreme Court showdown that might have shielded lenders from discrimination suits pressed by the Obama administration. The Supreme ...
Allianz Looks to Boost U.S. Presence, Improve Fireman’s Fund: Bhojwani
Allianz SE, Europe's largest insurer, said it is committed to bolstering operations in the U.S. after international rivals scaled back in the country. "It is a monster market," Gary Bhojwani, the ...
Progressive CEO Sees Telematics Edge for Driverless-Car Insurance
Progressive Corp. said its technology that tracks driver behavior to set insurance rates will help the company adapt as automated cars take the road. The auto insurer offers a device called Snapshot, ...
Agent Commissions Steady But Rising Ad Costs Lift Expense Ratios: Fitch
Even though revenues have climbed for property/casualty insurers in the recent years, underwriting expense ratios "remain stubbornly high," according to a new report by Fitch Ratings. Fitch's ...
Older Drivers Catching Up with Younger in Distracted Driving: Survey
Cell phone use and texting while driving are on the rise along with accessing the Internet while driving — and it's not just young people engaging in these dangerous activities behind the wheel. ...
Berkshire Hathaway Specialty Adds Healthcare Risk Management
Berkshire Hathaway Specialty Insurance is expanding its healthcare professional liability capabilities to provide customers with customized risk management support. The company will now reimburse ...