Specialty
Two Exxon Shareholders Won’t Support Directors Due to ‘Inadequate’ Climate Change Response
Two Exxon Mobil Corp shareholders said on Friday they would withhold their support for the re-election of all ExxonMobil directors at the company's annual meeting due to the U.S. oil major's ...
State Farm, Allstate Sue Doctors and Pain-Management Clinics, Alleging Billing Fraud
Two insurance carriers filed separate lawsuits recently against medical doctors and their pain-management clinics, accusing them of submitting bills for unnecessary medical procedures performed on ...
‘Project Owl’ Wi-Fi Network May Be Easy Way to Save Lives During Natural Disasters
From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters. They have designed tiny ...
Warren Buffett Cautions U.S-China Trade War Would Be ‘Bad for the Whole World’
Warren Buffett said on Monday that a trade war between the United States and China would be "bad for the whole world." Buffett spoke after U.S. President Donald Trump tweeted on Sunday that he will ...
‘I Worry Much More About Progressive’ Than Tesla, Buffett Says
Berkshire Hathaway Chair Warren Buffett said he isn't worried about recent assertions by Tesla Chief Executive Elon Musk that the electric car maker could offer a more compelling insurance product ...
RLI Corp. CFO Brown to Retire, Other Execs Promoted
RLI Corp. said its chief financial officer is retiring, and the specialty insurer disclosed a number of other executive changes. CFO Thomas Brown, who is also a senior vice president, will retire on ...
Financial Institutions Spend Plenty on Cybersecurity, but Money Isn’t Everything
Cybersecurity is becoming a costly endeavor for insurers and other financial institutions, but plan design and implementation can matter even more, according to a report released recently by Deloitte ...
The Latest Launches From Starr and MS Amlin
Starr Insurance Companies is expanding its drone insurance program with a key partner. MS Amlin said it has used a new digital trading product to upgrade a key offering.