Claims & Reserving
U.S. Regulator Seeking New Accounts of Guardrail Accidents
A U.S. highway regulator opened an Internet portal this week allowing the public to report accidents tied to a Trinity Industries Inc. guardrail system, which has been linked by lawsuits to at least ...
Carrier Management’s Top 10 News Stories of 2014
Five of the top Carrier Management news stories in 2014 ranked everything from insurance industry jobs to the companies themselves, in different iterations. The common link: there's huge interest in ...
XL Group Comes Out With Nuclear/Radiological Event Coverage
XL Group has come out with insurance coverage for chemical, biological, radiological and nuclear events. The insurer's crisis management team is handling the rollout as it did earlier in December ...
Eastern U.S. Faces Heightened Travel Risks With Christmas Eve Downpour
Planning a trip in the eastern U.S. this holiday season? Pack a little extra time along with the presents. You might need it if the meteorologists are right. First, though, the positive side to the ...
BP U.S. Oil Spill Fine Could Reach $18 Billion
The government wants BP Plc to pay $16 billion to $18 billion in water-pollution fines for the worst offshore oil spill in U.S. history while seeking more than $1 billion from the co-owner of the ...
Investors Aren’t Impressed by XL Group’s Proposed Catlin Acquisition
XL Group plc's acquisition discussions with Catlin for a rumored $3.97 billion-plus aren't exactly wowing investors. Media outlets reported that the insurer and reinsurer's stock dropped nearly 4 ...
Farmers Mutual Hail Will Buy Deere’s Crop Insurance Unit
Deere & Co., the world's largest manufacturer or agricultural machinery, agreed to sell its crop insurance segment to Farmers Mutual Hail Insurance Co. of Iowa, retreating from a business that ...
Sony Pictures Enlists Employees to Screen for Stolen Data Use
Sony Pictures Entertainment advised its current and former employees to be on the alert for fraudsters looking to use their stolen data, which included detailed personal information. In what is ...