Global Economy
Fitch Ratings Sees More Reinsurance M&A Ahead; S&P Questions the Benefits
Two acquisition deals in recent days may point to a resurgence in reinsurance M&A in the coming months, Fitch Ratings said. But Standard & Poor's said the benefits of more deals may be a ...
Buffett Fact Checked Trump on Taxes, Disclosed 2015 Return Data
Warren Buffett just fact checked Donald Trump. In a debate Sunday, Trump acknowledged using a nine-figure loss in 1995 to reduce tax obligations and sought to liken the move to strategies used by ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Executives On The Move at Lemonade, Neon and Lockton
P2P Startup Lemonade snagged a former Liberty Mutual Executive as its new chief underwriting officer. Neon promoted an executive to a newly-created leadership position. Lockton appointed several ...
Allianz, Toyota, BMW Seal Data-Sharing Deal With Autonomous-Tech Firm
Global automakers Toyota, BMW and insurer Allianz will license technology from Silicon Valley start-up Nauto, which uses cameras and artificial intelligence systems in cars to understand driver ...
Apple/Samsung Patent Infringement Fight Reaches U.S. Supreme Court
The end of the smartphone wars is almost here. Six years after Apple Inc. filed its first lawsuit alleging unauthorized copying of the iPhone, the company will square off at the U.S. Supreme Court ...
Hurricane Matthew Idles Plants, People, Goods Up Florida’s Atlantic Coast
Disruptions to air travel, manufacturing, supply chains and retail stores spread on Friday as Hurricane Matthew worked its way up Florida's Atlantic coast, leaving people and goods stranded and ...
Judge Rules Fiat Chrysler Must Face U.S. Safety Compliance Lawsuit
A U.S. judge on Wednesday said Fiat Chrysler Automobiles NV must face a lawsuit claiming it defrauded shareholders by overstating its ability to comply with vehicle safety laws. U.S. District Judge ...
AIG Sued for $100M in Bonuses by Former Derivatives Staff
American International Group Inc. was sued by former staff who say they were denied $100 million in bonuses amid public outrage over derivative trades that crippled the insurer and threatened the ...