Specialty
Hurricane Making Landfall Would be a First for Many Florida Insurers
Should a hurricane make landfall in Florida this storm season, many of the homeowner insurance players now doing business there are untested as to how they'll perform when catastrophe hits. Fitch ...
Navigators, Chubb’s Illinois Union Accuse Surgical Robot Maker of Hiding Claims
It's health insurers' cardinal rule: disclose pre-existing conditions. Now comes a case in which that familiar decree involves not a patient, but rather a $1.5 million surgical robot known as the da ...
France’s AXA Unloads SunLife Arm, Reveals New Management Team
AXA SA sold its SunLife unit in the U.K. to Phoenix Group Holdings and announced the top-management team that will work with incoming Chief Executive Officer Thomas Buberl when he takes the helm in ...
American Family Signs Derek Jeter, The General Grabs Shaq as Brand Spokesmen
NBA Hall-of-Famer Shaquille O'Neal and Derek Jeter, the retired New York Yankees shortstop and 14-time All-Star, future Hall of Famer are the latest legendary sports figures to become spokespersons ...
Allstate Unveils Coverage for Homesharing Homeowners
In a move to serve customers who rent out their homes on a temporary basis, Allstate has filed plans to offer home-sharing protection in six states — Arizona, Colorado, Illinois, Michigan, ...
Executives On The Move at W.R. Berkley and Travelers
W.R. Berkley Corp. appointed a new chief financial officer and another senior executive. At Travelers, one senior executive got a promotion and another longtime leader retired. *** W.R. Berkley Corp. ...
La Niña May Not Address California Drought
El Nino couldn't bail California out of an unprecedented drought. Don't count on La Nina to do any better. California, in its fifth year of drought, gets most of its water from November to March. The ...
Arab Bank Settlement Over Militant Attacks Linked to U.S. appeal
Arab Bank Plc's agreement to settle litigation brought by Americans who accused it of facilitating militant attacks in Israel is linked to the outcome of an appeal of a jury's 2014 verdict finding it ...