Markets
S&P Upgrades Fairfax Operating Subs to ‘A’; Outlook Stable
On Monday, S&P Global Ratings said it raised the financial strength ratings on the core insurance and reinsurance subsidiaries of Fairfax Financial Holdings Ltd. to "A" from "A-" with a stable ...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB
According to The Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be decreasing while demand is increasing, which could ...
Brickell Pulls Plug on Deal for Randall & Quilter; R&Q Plans Fundraise
Property/casualty specialty insurer Randall & Quilter Investment Holdings Ltd. announced its planned acquisition by Brickell PC Insurance Holdings LLC has been terminated by shareholder Brickell. ...
CEO Viewpoint: Unlocking Cyber ILS
With cyber risk capital currently constrained, the insurance sector will ultimately need to look to the alternative capital markets if it is going to address the significant peak risks in this class ...
Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey
Nearly three quarters of global cyber-risk decision-makers recently surveyed said their company experienced at least one cyber attack in the past year, and while these attacks have spurred more ...
Can U.S. Gunmakers Be Liable for Mass Shooting?
An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the United States over gun control and the potential legal liability ...
‘Creepy Neighbor’ Taunts Prompt State Farm To Drop Support of LGBTQ Awareness Group
After an uproar from conservative groups, State Farm Insurance has dropped its support of a group that said it was battling misinformed opinions on transgender youth. "We support organizations that ...
Progressive Supporting Hispanic Small Biz With Grant Program
Progressive Insurance announced that it recently launched the Driving Small Business Forward grant program in support of Hispanic entrepreneurs. Small business owners can apply to receive one of 10 ...