Specialty
Hartford D&O Exec Fired After Herbalife Critique
Hartford Financial Services Group Inc. fired an executive after he made comments critical of Herbalife Ltd. to the media. William Kelly, who was a vice president at the Hartford, Conn.-based insurer, ...
McDonald’s Corp. Risks Liability in Employee Complaints, NLRB Rules
McDonald's Corp, not just its franchisees, can be held liable in complaints that the company violated employee rights, an official at the U.S. National Labor Relations Board said in a letter made ...
Investment Income Counters Volatility of Energy Sector Coverage
Specialty insurers covering the energy sector all carry a high-risk profile. Despite that volatility, investment income has helped the group produce positive operating results over the last five ...
Re Results Blot W.R. Berkley’s Otherwise Soaring Financials
On the surface, at least, W.R. Berkley Corp.'s 2014 second quarter reflects a stellar array of gains in everything from gross and net premiums written to net income, operating income and improved ...
XL CEO: Distinctive Offerings, Historic Relationships Buffer Re Business
Simply put, XL Group's 2014 second quarter was both tough and solid. The property/casualty and specialty insurer and reinsurer said it lost more than $279.2 million during the period, about $1.03 per ...
QBE Forecasts Profit Decline Resulting from Latin America WC Reserve Boost
QBE Insurance Group Ltd. slumped the most in seven months after forecasting an 18 percent decline in first-half earnings due to higher claims in Latin America and competition with other insurers. Net ...
Insurance.com: Most Americans Are Revving Up for Driverless Cars
While driverless cars may be some time from everyday use, most Americans are seriously game to try one. A new Insurance.com survey determined that most Americans are comfortable with driverless cars ...
Berkshire Appoints Prussack VP of New Fiduciary Liability Line
Berkshire Hathaway Specialty Insurance announced Monday that it is entering the fiduciary liability market and has named Rhonda Prussack as vice president to lead the effort. Prussack most recently ...