Specialty
$170 Million Charge Takes Chunk Out of CNA’s Q3 Net Income
CNA Financial Corp. saw a significant drop in net income during its 2019 third quarter as the insurer took a $170 million charge and its P/C combined ratio ticked higher. CNA booked $107 million in ...
Wildfires, Blackouts and Business Interruption in Today’s California
It was only expected to happen a couple times a year -- and just as a last resort. That's what utility giant PG&E Corp. originally said 13 months ago when it outlined plans to stage mass ...
Two Ex-AXA XL Execs Join BHSI to Open France Casualty/Construction Office
Berkshire Hathaway Specialty Insurance hired two veteran executives from AXA XL to lead its new operation in France that underwrites casualty and construction insurance. Olivier Antiphon has been ...
Suit Alleging ‘Outrageous Conduct’ by AIG, Coventry Allowed to Proceed
An Alabama appellate court has cleared the way for a lawsuit that alleges outrageous and fraudulent conduct by American International Group and Coventry against a worker who was injured in an ...
This Time, Brexit Gets a ‘Flexible’ Delay
The European Union on Monday agreed a 3-month flexible delay to Britain's departure from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an ...
Wildfire Fallout: State of Emergency and Historic Evacuation of California’s Wine Country
Fires burning out of control in northern California prompted an historic evacuation in the state's famed wine country, razed homes, shuttered freeways and prompted the governor to declare a state of ...
Limit Referral Hiring, Reduce Workplace Bias
Leaders looking to hire new employees have long used referrals to get the job done. But in an age when corporations are more sensitive and aware of the need to reduce bias in the workplace, limiting ...
The Latest Cyber Launches From Sompo International, Verisk and Guidewire
Sompo International Holdings has partnered with two companies to beef up its cyber risk management services for email security protection. Verisk rolled out an analytics product that aggregates cyber ...