Specialty
Bermuda Stares Down Hurricane Gonzalo; Hawaii Troubled by Ana
Hurricane Gonzalo grew into a major storm that threatens Bermuda later this week, while half a world away Tropical Storm Ana may become the second system this year to sweep Hawaii's Big Island. ...
Allstate Beefs Up Investment Management Roster
Allstate Corp. is bringing on some new executives focused on the investment side of its operations. The largest publicly traded personal lines insurer in the United States said it hired Russell ...
Big Earthquake Likely for San Francisco, But Coverage Lacking
The San Francisco region will probably be struck by an earthquake with a magnitude of at least 6.7 in coming decades, and most of the billions of dollars of damages wouldn't be covered by insurance. ...
Zurich Insurance CIO Wants New Rules to Protect Green Bond Boom
The integrity of the fast-growing "green bond" market is at risk unless a clear definition of what passes for green can be agreed, Zurich Insurance's investment chief told the Reuters Global Climate ...
Cyclone Hudhud Making Damaging Mark in India
Cyclone Hudhud caused some serious damage in India after making landfall early Oct. 12, AIR Worldwide said. The Boston-based catastrophe modeling firm said the storm hit near Visakhapatnam with wind ...
Hamilton USA Becomes Valiant Insurance’s Latest Owner
Valiant Insurance Company has traded hands again. This time, the new owner is Hamilton USA, the New Jersey-based insurance operations of Hamilton Insurance Group. Here's the transaction in detail: ...
P/C Insurers Seize Cyber Coverage Market Opportunities
Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that's been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc. Sales are ...
Berkshire Hathaway Specialty Unveils New Coverage For Executives
Berkshire Hathaway Specialty Insurance is rolling out out insurance coverage to address exposures for executives and their companies regarding oversight of their employee benefit plans. Dubbed ...