Markets
Reputational Harm Claims Most Costly For Small Businesses: The Hartford
Claims involving libel, slander and violation of property – known as reputational harm in industry lingo – are the most expensive that small businesses are likely to experience. The most common: ...
Allianz Estimates $300M Cost for Germanwings Crash
Allianz estimates insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane in the French Alps last week, insurance industry sources said on Monday. The figure ...
Endurance Acquiring Montpelier for $1.8B
Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced a merger deal today, which will have Endurance acquiring Montpelier in a stock-cash deal for roughly $1.8 billion. ...
D&O Insurance Pricing Down, EPLI Up in Q4: Aon
No matter how you slice it, overall program pricing for directors and officers liability insurance was down on average for the fourth quarter and the full year in 2014, according to the latest report ...
Executives On The Move at Allianz, CNA and Aspen
This week, we have some executive changes to tell you about at Allianz, CNA and Aspen Insurance Holdings. *** Allianz Group's Allianz Global Corporate & Specialty has made a new executive hire in ...
What Buyers Need to Know About Terrorism and Travel Insurance: Squaremouth
Travelers concerned about terrorism may look to purchase travel insurance policies that include cancellation coverage for future terrorist attacks. According to travel insurance comparison site ...
Ex-Fireman’s Fund CEO LaRocco Named State Auto’s New Leader
An ex-Fireman's Fund CEO will become the new leader of State Auto Financial Corp., replacing the company's long-time leader as he readies for retirement. Michael LaRocco assumes the president and CEO ...
Calif. Tech, VC Firms Out in Front—This Time on Bias Suits in State Court
Kleiner Perkins Caufield & Byers' decisive victory over Ellen Pao's gender bias suit doesn't mean Silicon Valley giants are off the hook. More lawsuits alleging gender discrimination, sexual ...