Specialty
Resurgent Iceland Volcano Adds Risk to North Atlantic Flights
Airlines are on alert as one of Iceland's biggest volcanoes rumbles to life, threatening ash clouds that could force flight cancellations across the North Atlantic, the busiest international travel ...
Argo Group Subsidiary Launches Water-Entity Specialty Coverage
Argo Group International Holdings subsidiary Alteris Insurance Services is rolling out a new specialty insurance program that will help cover entities such as water or sewer facilities. The coverage ...
China Investment Firm to Buy Big Stake in Ironshore
An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in late June. ...
Hallmark Financial Services Pulls in CNA Vet as New CEO
Hallmark Financial Services, an insurance holding company based in Texas, has brought on a veteran executive from Torus Insurance Holdings Ltd. and CNA Financial Corp. as its new CEO. Naveen Anand ...
For now, Atlantic Hurricanes are Few and Far Between
It's almost the middle of August, and the Pacific has been cranking out hurricanes and typhoons all over the place. So, what's with the Atlantic? After just about two and half months, hurricanes ...
Nationwide’s P/C Results are Solid, With a Dose of Bad Weather
Nationwide Mutual Insurance Company's property casualty arm performed solidly in the 2014 second quarter, despite the Polar Vortex and major storm activity that hampered earnings over the first six ...
NOAA Sees Nuisance Flooding Rising for U.S. Cities
Residents and officials in major U.S. cities know it doesn't take a fierce storm or menacing hurricane to cause flooding as they increasingly have to deal with so-called "nuisance flooding" caused by ...
P/C Underwriting ‘Negativity’ Is Spreading – KBW
Negativity in property/casualty insurance underwriting keeps spreading like a contagion in 2014, with very few lines escaping pricing pressures and no sign of a letup anytime soon, Keefe, Bruyette ...