Markets
Senate Overwhelmingly Approves TRIA Renewal Bill
The U.S. Senate overwhelmingly approved a bipartisan bill that would renew the Terrorism Risk Insurance Act, even as the House struggles to schedule a floor vote for its version before the August ...
Smith Is New CMO for Markel
Markel Corp. announced Wednesday that the company has created a new position—chief marketing officer—putting Thomas K. Smith in the role as of July 1. As CMO, Smith is responsible for business ...
AIR Worldwide Updates U.S. Severe Thunderstorm Model, Unveils Crop Hail Model
Catastrophe risk modeler AIR Worldwide has updated its Severe Thunderstorm Model for the United States, including significant enhancements to all three model components: hazard, engineering and ...
USGS: 16 States At Particular Risk For Damaging Earthquakes
As many as 16 states are at high risk of damaging earthquakes, but 42 in all are vulnerable to some degree, the U.S. Geological Survey has concluded in an update of its seismic hazard maps. Alaska, ...
M&A Adviser MarshBerry Nabs Re Broker, Investment Banker Gill & Roeser
MarshBerry has acquired the assets of Gill & Roeser, Inc., a New York City based boutique investment banking and reinsurance intermediary firm. Gill & Roeser is an independently-owned capital ...
EEOC Toughens Protections for Pregnant Workers
For the first time in 30 years, the federal government is issuing new guidelines designed to protect pregnant workers from on-the-job discrimination. The Equal Employment Opportunity Commission ...
Eight New Companies Join Ward’s Annual Top 50 P/C Ranking
Eight new nominees join Ward Group's 2014 roundup of the 50 top performing property/casualty insurers. The recently released analysis crowns the best performers out of more than 3,000 companies in ...
Warren Buffett Gives $2B to Gates Foundation
Warren Buffett, the second-richest person in the U.S., made his largest single charitable contribution with a gift of $2.1 billion to the Bill and Melinda Gates Foundation as he seeks to encourage ...