Specialty
Former Endurance Exec Summerville Heading E&O, D&O Unit for Swiss Re Corporate Solutions
Swiss Re Corporate Solutions announced the appointment of Jeff Summerville to lead Financial & Professional Services for North America earlier this week. Summerville has more than 25 years of ...
Smoke Detector Recall By Google’s Nest Labs Reveals 440,000 Shipped in U.S.
Google Inc'.s Nest Labs is recalling 440,000 smoke detectors, according to a U.S. government notice on Wednesday that provides the first public revelation of how many of the smart home appliances ...
Tower Group Hires Greenhill to Advise on Debt Repayment If Merger Deal Fails
Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses. Tower ...
McMahon, Other Ex-Players Allege NFL ‘Culture of Drug Abuse’ in Injury Suit
Retired players including ex-Chicago Bears quarterback Jim McMahon accused the National Football League of using painkillers to mask injuries in a "culture of drug misuse," expanding litigation over ...
Marsh: Softening Signs Seen in U.S. Umbrella/Excess Liability Rates
Average umbrella and excess liability rates in the U.S. climbed 3.1 percent higher in the 2014 first quarter. Marsh Global Analytics claims that's a sign of market softening, however, because it's ...
Safety Agency Probing Fracking Risks After Oilfield Workers Die
The Obama administration is investigating the health risks of hydraulic fracturing after at least four deaths among oilfield workers since 2010 in North Dakota and Montana. The National Institute for ...
Why Credit Suisse Got a Bigger Penalty than UBS: Lack of Cooperation Tied to Swiss Laws
U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans ...
If Cars Drive Themselves, How Will Actuaries Make Sense of Data to Price the Risks?
Scientists and engineers predict the day is near when cars drive themselves, but that doesn't mean that traveling on the highway will be entirely carefree. There will be accidents, and someone will ...