Personal Lines
AmTrust Financial Services Will Pursue $162 Million Offering
AmTrust Financial Services Inc. is selling $162 million of stock after striking deals this week to buy an insurance brokerage and a company that protects customers against losses on consumer ...
FHA Mortgage Insurance Premiums Reportedly Set For Reduction
As part of an effort to expand homeownership among entry-level buyers, President Barack Obama will announce a cut in Federal Housing Administration mortgage-insurance premiums during a speech in ...
Ebix Settles IRS Audit Pertaining to Past Acquisitions
Ebix said it has resolved an IRS audit regarding five years of tax returns, and will take a hit on 2014 fourth quarter net income as a result. The Georgia company, which offers software and ...
Self-Driving Car or Mobile Living Room?
Germany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled Monday evening at the annual Consumer Electronics Show in ...
Year-End M&A Spurt Heralding Busy 2015 for Deals: Fitch
Six merger and acquisition announcements in the North American property/casualty insurance and reinsurance sectors in late 2014—and another global deal on the table—may herald a raft of deals in ...
The Hartford CEO Christopher Swift Adds ‘Chairman’ to His Title
Christopher Swift is now chairman of The Hartford Financial Services Group as well as its CEO. Swift became CEO in July and replaced Liam McGee, who stepped down from his position so he could focus ...
Warren Buffett’s Berkshire Hathaway Pleases Investors With Takeover Push
Warren Buffett said last year that Berkshire Hathaway Inc.'s future will be about buying big businesses and expanding them over time. As he celebrates his golden anniversary running the company, ...
Australia Declares a Catastrophe as Wildfires Spread
Crews in South Australia are battling to stabilize wildfires and protect homes as a hot weather forecast in coming days threatens to fan the flames. Firefighters used planes from neighboring Victoria ...