Specialty
Aspen’s U.S. Arm Realigns Casualty Business
Aspen U.S. Insurance, part of the insurance segment of Aspen Insurance Holdings Ltd., announced Thursday that it has realigned its casualty business to better serve broker partners and deliver ...
Virgin Galactic Crash Could Help Trigger Aviation Rate Hikes: A.M. Best
Aviation insurance could get more expensive in the coming months, thanks in part, to the recent crash of the Virgin Galactic test flight and the NASA Antares rocket explosion A.M. Best concluded in a ...
Wells Fargo Acknowledges U.S. Mortgage Insurance Settlement Talks
Wells Fargo & Co said on Wednesday it is in discussions with the U.S. government to resolve a lawsuit accusing the nation's largest mortgage lender of cheating taxpayers by submitting ineligible ...
RSA CEO: Premiums Down; Strategy to ‘Reset’ Insurer Ahead of Schedule
RSA Insurance Group Plc declined in London trading after reporting lower premiums in the first nine months of this year as prices fell and it withdrew from less profitable businesses. RSA, which was ...
Apple Computers and Devices Targeted By New Malware
Palo Alto Networks Inc has discovered a new family of malware that can infect Apple Inc's desktop and mobile operating systems, underscoring the increasing sophistication of attacks on iPhones and ...
In October, the Worst Storms Slammed Into India and Japan
As of Nov. 1, the U.S. achieved 3,295 consecutive days without a major hurricane landfall. That doesn't mean there weren't major storm events in October, but the worst ones hit India and Japan ...
Jewelers Mutual Chooses Its Next Leader
Jewelers Mutual Insurance Co. announced on Tuesday that it has selected Scott Murphy as the successor to President and CEO Darwin Copeman, who will be retiring in 2015. Copeman has been president and ...
Endurance Built Up Its Underwriting In a Mixed 3rd Quarter
Endurance Specialty Holdings Ltd. reported a mixed 2014 third quarter stemming from big investments in underwriting and also some remnants from its failed push to snatch up Bermuda reinsurance rival ...