Markets
Everest Re Appoints Marsh Exec Losquadro to Board
Last week, Everest Re Group, Ltd. announced the appointment of Gerri Losquadro to its Board of Directors, effective May 14, 2014. Losquadro recently retired as Senior Vice President and head of ...
Medical Cost Inflation Worries Businesses Most: Travelers
Regardless of size, American businesses say medical cost inflation, legal liabilities and technology risks are among their top concerns, according to the baseline findings of a new annual Business ...
California Drought to Continue Through Summer
California doesn't have much chance for rain in the next five months, and its best opportunity to break the drought there may hinge on the emergence of an El Niño in the Pacific Ocean this year, ...
Schmidt Joins Argo as Group CUO
Argo Group International Holdings Ltd., an international underwriter of specialty insurance and reinsurance products, has appointed Axel Schmidt as group chief underwriting officer. He will succeed ...
Nomura: Progressive May Struggle To Keep Older Customers
Gone are the days when Progressive Corp., the nation's fourth-largest U.S. auto insurer, could grow through innovation alone. Future expansion will come at the expense of its rivals by going after ...Berkshire Specialty Treks Into Travel Coverage
Berkshire Hathaway Inc.'s Peter Eastwood, hired last year to expand into more insurance niches, is pushing into travel coverage in the latest challenge to American International Group Inc., his ...
Bank of America Cleared For Concealing $10B AIG Fraud Lawsuit
A federal appeals court said Bank of America Corp was not liable to shareholders for allegedly concealing a $10 billion fraud lawsuit by American International Group Inc, whose filing led to a ...
Long Wildfire Season Ahead; Weary Crews Prepare
Firefighters scoured charred hillsides north of San Diego on Saturday to guard against a resurgence of flames that ripped through the region, while the last of tens of thousands of evacuees prepared ...