Specialty
Small Businesses Avoid Business Interruption Coverage: Nationwide Survey
Nearly 75 percent of small businesses say they don't have a disaster recovery plan in place. For companies with fewer than 50 employees, just one in five – or 18 percent – have one, according to ...
Executives On The Move at QBE, SCOR and Hamilton Insurance Group
A veteran executive from Chubb is joining QBE Insurance as managing director of its Asia Pacific region, effective Sept. 1. Mark Lingafelter's new responsibilities include continued execution of the ...
S&P Revises Zurich Outlook on RSA Bid News
Zurich Insurance Group's conditional bid to buy RSA Insurance Group plc for nearly $9 billion drew an outlook change from Standard & Poor's on Friday, from positive to stable, as the rating ...
CEO Personally Liable for $148M in Unfair Buyout: Delaware Judge
The billionaire chief executive of Dole Food Co. and his top lieutenant must pay $148.2 million of damages to shareholders they shortchanged when the produce company went private in 2013, a Delaware ...
Women Rise in Manager Ranks; Black Managers Fall in Number: EEOC
Women's representation in U.S. management ranks is slowly increasing, while the share of African-American managers has slipped since the last recession, according to a report released last week by ...
Senators Probe Litigation Funding
Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck ...
Investors In the Dark About Worsening Corporate Cyber Crime Risks
Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the ...
S&P: Reinsurance M&A Will Follow Berkshire Hathaway Model
Reinsurance M&A activity should continue well into 2016 as competitive pressures continue unabated, Standard & Poor's asserted in a new industry report. The ratings entity said that the ...