Markets
‘Yes’ Vote For AmTrust Buyout Won’t Stop Arca Capital Fight
Arca Capital is not backing down on its opposition of the privatization of AmTrust Financial Services, Inc., the investment firm said yesterday, announcing that court action is likely if shareholders ...
Harvey Weinstein Pushes for Jury Decision on Sex-Assault Insurance
Harvey Weinstein wants jurors to decide whether Chubb Ltd. and other insurers are acting in "bad faith" by refusing to pay to defend him against almost a dozen lawsuits accusing him of assaulting or ...
Pathway to Safety: Actuarial Analysis
Recently, the Casualty Actuarial Society's Automated Vehicles Task Force (CAS AVTF) published a research report on its website: "Automated Vehicles and the Insurance Industry: A Pathway to Safety: ...
Actuarial Analysis of Automated Vehicles: How Much Premium Discount Is Justified?
The advent of automated vehicles (AVs) has been variously described as a cultural watershed moment that will change society in deep and meaningful ways, or as an overhyped flavor of the day—and ...
PartnerRe Rating Outlook Now Positive: A.M. Best
A.M. Best has revised the outlooks on the financial strength rating for most of the operating subsidiaries of PartnerRe Ltd to positive from stable, attributing the outlook change on the A ...
Insurer AIG Must Defend Bill Cosby Defamation Suits, Court Says
A federal appeals court says that insurer American International Group must pick up Bill Cosby's tab to fight defamation lawsuits brought by women who accused him of sexual misconduct. But the ruling ...
WCIRB: Calif. Workers Comp Written Premium to Be Down Again This Year
Lower workers compensation rates in California will bring down written premium once again this year, according to a forecast from the Workers Compensation Insurance Rating Bureau. That revelation is ...
Custody Protection, Regulation, Insurance Seen Paving Way for Shift to Cryptocurrencies
Hedge fund manager Kyle Samani embraces his job making multimillion-dollar bets on the wild market for cryptocurrencies, but he's long contended with a headache: ensuring his holdings aren't stolen. ...