Specialty
XL Group CEO Confirms M&A Talks with Rival Catlin
XL Group plc has confirmed that it is in preliminary discussions focused on potentially acquiring rival Catlin. If an M&A agreement comes together, it would be a major consolidation move in the ...
Former Sony Workers Suing Over Unprotected Personal Info
Sony Pictures Entertainment has been sued by two self-described former employees who accuse the movie studio of failing to protect Social Security numbers, healthcare records, salaries and other data ...
Argo to Snatch up OneBeacon’s Lawyers Professional Liability Business
OneBeacon Insurance Group Ltd. has sold the renewal rights to its lawyers professional liability business to Argo Group US, Inc., a member of Argo Group International Holdings Ltd. The transaction ...
Marsh’s Top 10 U.S. Casualty Trends for 2015
Marsh's U.S. Casualty Practice sees a number of new insurance trends shaping the market in 2015, including a softening market, new capacity, and the greater use of data to enhance underwriting. Marsh ...
Spencer Re Hires Zurich Insurance Vet as New Leader
Spencer Re, a reinsurance firm focused on products predictable in nature, has brought on a veteran Zurich Insurance Group executive as its new CEO. Tina Youngblood Mallie, also vice chair of Spencer ...
Families of Sandy Hook Victims Sue Gunmaker, Seller
The families of nine of the 26 people killed and a teacher injured two years ago at the Sandy Hook Elementary School filed a lawsuit against the manufacturer, distributor and seller of the rifle used ...
Sony Pictures Enlists Employees to Screen for Stolen Data Use
Sony Pictures Entertainment advised its current and former employees to be on the alert for fraudsters looking to use their stolen data, which included detailed personal information. In what is ...
Lobbying Onslaught Counters TRIA Renewal Stumble
It is in the Senate's hands to extend the Terrorism Risk Insurance Act, or TRIA, a law that establishes federal reinsurance in case of a terrorist attack, but legislative disputes threaten to prevent ...