Strategy
Judicial Panel Orders Hurricane Sandy Flood Insurers to Fork Over Reports
A Travelers Cos. unit and other flood insurers accused by Hurricane Sandy victims in New York of using falsified engineering reports must turn over the drafts to policyholders, a three-judge panel ...Hartford’s CFO: Update on Talcott Drawdown Coming in Feb. 2015
Hartford Financial Services Group will update shareholders in February 2015 about next steps in the continuing drawdown of its Talcott Resolution division, the company's life runoff annuity ...
Liability Alert: Chevron Leads in Greenhouse Gas Production
Chevron Corp. has produced more greenhouse gases than any other fossil-fuel company, according to a study released as global climate talks continued today in Lima. Chevron edged out state-owned Saudi ...
Ebola Vaccine Makers Offered Legal Immunity by HHS
The U.S. Department of Health and Human Services on Tuesday offered liability protections to drug makers rushing to develop Ebola vaccines and urged other countries to follow suit. Health and Human ...
Hartford Reduces Energy Bond Holdings As Oil Prices Drop
Hartford Financial Services Group Inc., the insurer with a $76 billion investment portfolio, has reduced holdings of bonds issued by energy companies amid a slump in oil prices. "We've lightened up a ...
Zurich, Hiscox See Market Spikes in Healthcare Provider Liability Costs and Numbers
Healthcare providers must deal with increasingly severe malpractice or liability claims, and corresponding reality that the number of these cases continues to rise, two new property/casualty ...
Uber Insurer James River Jumps Into Junk-Rated Loans
The insurer that ride-sharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it's more willing than competitors to invest in junk-rated loans. ...
Verisk Grabs ‘Complementary’ British Rival for $31.6M
Verisk Analytics snatched up a British analytics and advisory outfit for more than $31.6 million, beefing up its research and data capacity for geopolitical and other risks in the process. The New ...