Underwriting
Goldman-to-Soros Backed Mortgage Insurer Essent Files for IPO
Essent Group Ltd., a mortgage insurer backed by investors including Goldman Sachs Group Inc. and George Soros, filed for an initial public offering as investors pour capital into companies that ...
Twitter’s ‘Secret’ IPO Reignites JOBS Act Debate
Twitter's use of a confidential initial public offering filing has reignited a debate about a 2012 U.S. law that critics say denies investors time to digest a company's financial information and ...
Allstate Says Drivewise Hits One Billion Miles Driven
Allstate reports that its Drivewise customers will register more than one billion miles driven this month. In a statement Friday, Allstate also said that Drivewise is launching in Kentucky and ...
Critics Take Aim at Crop Insurance Subsidies, Insurers’ Profits
Former American International Group Inc. chief Maurice "Hank" Greenberg has a new business partner: the U.S. taxpayer. Greenberg's Starr Indemnity & Liability Co. is one of 18 companies approved ...
NASA Launches Drones from Virginia to Study Storms
NASA scientists are using former military surveillance drones to help them understand more about how tropical storms intensify, which they say could ultimately save lives by improving forecast models ...
Tech Risks Threaten Supply Chain More Than Weather: Guy Carpenter
Technology failure and cyber attacks represent a greater threat to most organizations than adverse weather, fire and social unrest combined, according to a new report by Guy Carpenter. The report, ...
World Bank Insurer Posts Third Record Year on Power Projects
Political risk insurance provided by a World Bank Group agency in developing nations rose for a third straight year to a record, led by guarantees on power projects from Angola to Bangladesh. The ...
Allstate CEO Dismisses GEICO Threat in Race for Auto Insurance Market Share
Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car-insurance market share in the last three years, said competitor GEICO could struggle to expand sales as it seeks to sell more ...