Markets
RenaissanceRe’s Leader Sticks to Strategy in Tough Market
You hear it everywhere at this point: The reinsurance market has been softening for some time and shows no sign of reversal. But the CEO of RenaissanceRe Holdings sees his company, despite the ...
Hartford D&O Exec Fired After Herbalife Critique
Hartford Financial Services Group Inc. fired an executive after he made comments critical of Herbalife Ltd. to the media. William Kelly, who was a vice president at the Hartford, Conn.-based insurer, ...
U.K. to Start Testing Driverless Cars on Public Roads
Driverless cars will be tested on U.K. roads starting in January, providing an opening for carmakers and technology companies as the government looks for ways to improve safety and lower pollution. ...The Hartford Plans Big Investment in P/C Policy Management Tech
Hartford Financial Services Group said it is planning a major upgrade to technology it uses to manage property/casualty insurance policies. A company spokesman would not disclose how much the insurer ...
McDonald’s Corp. Risks Liability in Employee Complaints, NLRB Rules
McDonald's Corp, not just its franchisees, can be held liable in complaints that the company violated employee rights, an official at the U.S. National Labor Relations Board said in a letter made ...
Investment Income Counters Volatility of Energy Sector Coverage
Specialty insurers covering the energy sector all carry a high-risk profile. Despite that volatility, investment income has helped the group produce positive operating results over the last five ...
Greenberg Faces January Trial in 9-Year-Old Spitzer Suit
Maurice "Hank" Greenberg, the former chairman of American International Group Inc., will go on trial in January after more than nine years of legal jousting over former New York Attorney General ...
Re Results Blot W.R. Berkley’s Otherwise Soaring Financials
On the surface, at least, W.R. Berkley Corp.'s 2014 second quarter reflects a stellar array of gains in everything from gross and net premiums written to net income, operating income and improved ...