Markets
Judge Affirms $4.69B J&J Talc Verdict; Company Promises Appeal
A Missouri trial court judge has affirmed the massive $4.69 billion verdict against Johnson & Johnson in a case involving 22 women and their families who alleged the company's talc-based ...
For QBE, a Focus on Profitable Underwriting Begins to Pay Off
QBE's restructuring over the last year has focused on exiting loss-making businesses and portfolios, while rigorously emphasizing profitable underwriting across the group. Good progress has been made ...
The Hartford, Eyeing Specialty Markets, Will Grab Navigators in $2.1B Cash Deal
The Hartford plans to snatch up The Navigators Group in a $2.1 billion cash deal that will boost its specialty insurance and reinsurance offerings while giving it a larger global reach. Plans call ...
FRISS Adds Online Network Analysis to Its Fraud Detection Arsenal
Insureds looking to commit fraud will no longer be able to simply ask a friend or neighbor to sign as a witness to a claim for car damages, thanks to a new offering from FRISS, a worldwide provider ...
Small Biz Customers Rank Nationwide As Top Insurer; Travelers, Hartford Lag
Nationwide Insurance came up on top of J.D. Power's 2018 customer ranking of small commercial insurers, vaulting up from the middle of the carrier pack in 2017, while overall satisfaction scores for ...
Uber Hires Insurance Exec as CFO
Uber Technologies Inc. has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing vacancy and clearing the way for a much-anticipated initial public ...
W.R. Berkley Corp. Forms Berkley Healthcare; Piltch to Lead
W.R. Berkley Corporation announced the formation of Berkley Healthcare on Monday, explaining that the business will be made up of Berkley Healthcare Professional Underwriters and Berkley Healthcare ...
Think Tank Examines Sustainability of Cyber Insurance Market
Although cyber risk premiums have expanded sizably in recent years with loss ratios that compare favorably to other product lines, the danger of accumulation risks is a key concern for the market, ...