Underwriting
‘Neutral-to-Challenging’ Market Ahead: Endurance CEO Charman
Even though Endurance Specialty Holdings will operate in a "neutral-to-challenging" insurance market over the next few years, the refocused organization will be able to compete on "relevance" rather ...
Carl Icahn Says No Better Time to Be an Activist Investor
Carl Icahn's publicly traded investment vehicle, Icahn Enterprises L.P., reported strong third-quarter results on Monday and the billionaire said now is the best time ever to be an activist investor. ...
U.S. Supreme Court Weighs In on Wage-and-Hour Case over Paid Time for Donning & Doffing Gear
Steel workers who do their jobs wearing flame-retardant gear tried to convince the U.S. Supreme Court on Monday that they should be paid for the time they spend "donning and doffing" such items ...
Berkshire-Hathaway Insurance Earnings Tumble in Q3
Although Berkshire Hathaway reported a 7.7 percent jump in operating income for the third-quarter of 2013, Berkshire's insurance operations saw earnings fall in the quarter. Taken together, operating ...
AIG Earnings Call Highlights: Broker Quality Scrutinized; Still Committed to ‘Aspirational Goals’
Property/casualty insurance brokers who aren't diligent about the accounts they're presenting to American International Group risk being discovered through one of the features of the carrier's ...
Wrongful Incarceration Suits Surge Giving Rise To Insurance Coverage Trigger Issues
On Dec. 17, 1990, 17-year-old Jeffrey Deskovic was convicted by a Westchester County, N.Y., jury of the rape and murder of a 15-year-old high school classmate. Deskovic was sentenced to 15 years to ...
Insurer Seeks to Rescind Robotic Surgery Company Policy
Intuitive Surgical Inc., the maker of robotic-surgery devices targeted by patient lawsuits, was sued by an insurer alleging the company hid the number of legal claims it might face when buying ...
AIG Earnings Show Progress and Room for Improvement: Analysts
American International Group Inc. reported earnings nearly in line with expectations on Thursday, but the stock fell after hours as analysts still saw room for improvement in the insurer, which ...