Leadership & Strategy
FHA Mortgage Insurance Premiums Reportedly Set For Reduction
As part of an effort to expand homeownership among entry-level buyers, President Barack Obama will announce a cut in Federal Housing Administration mortgage-insurance premiums during a speech in ...
Verisk: Cat Bond Issuance Hit Record Levels for Second Year in a Row
For the second year in a row, catastrophe bond issuance has hit record levels, an annual tally from the Property Claim Services unit of Verisk Insurance Solutions has concluded. Bond levels reached ...
Newly Public Specialty Insurer James River May Be a Takeover Target
James River Group Holdings Ltd. could be a takeover target after hedge fund firm D.E. Shaw took the insurer public, according to an analyst at BMO Capital Markets. The insurer will probably post ...
Berkshire Hathaway Specialty Adds Pollution Coverage
Berkshire Hathaway Specialty Insurance announced Tuesday that it is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its ...
Sony CEO Lauded Employees and Others For Fighting ‘Extortionist’ Hackers
Sony Corp Chief Executive Officer Kazuo Hirai on Monday praised employees and partners of the company's Hollywood movie studio for standing up to "extortionist efforts" of hackers who attacked Sony ...
Self-Driving Car or Mobile Living Room?
Germany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled Monday evening at the annual Consumer Electronics Show in ...
Year-End M&A Spurt Heralding Busy 2015 for Deals: Fitch
Six merger and acquisition announcements in the North American property/casualty insurance and reinsurance sectors in late 2014—and another global deal on the table—may herald a raft of deals in ...
CNA Pushes Into Canada With Specialty Coverage Options
CNA Financial Corp. is making a big push to grow its specialty lines business in Canada. The commercial insurer, which has Loews Corp. as a majority owner, said CNA Specialty will start accepting ...