Specialty
SNL’s Top 30 E&S Writers: Berkshire On Fire With 40% Growth in 2013
With 40 percent premium growth in 2013, Berkshire Hathaway Inc. climbed five spots in the U.S. excess and surplus lines ranking compiled by SNL Financial, while QBE scaled back its North American ...
Jury Hits Drugmakers With $9B in Punitive Damages
Takeda Pharmaceutical Co. Ltd. said it would contest $6 billion in punitive damages imposed by a U.S. federal jury in a case alleging that Japan's largest drugmaker had concealed cancer risks ...
EU’s New Food Labeling Regulation Could Fuel Product Liability Claims: ACE Report
ACE Group advised Tuesday that companies in the food and drink industry could face more claims from consumers as a result of new European food labeling regulations that come into force later this ...
U.S. SEC Forms Group to Probe Private Equity, Hedge Funds
The U.S. Securities and Exchange Commission (SEC) has put together a dedicated group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated, ...
Instagram, Crowdsourcing and the New Risks of Emerging Technology
At its peak in 1996, Kodak—then the world's largest camera maker and photo film supplier—had revenues in excess of $16 billion and employed more than 145,000 people. But after 130 years in ...
Allen to Head Endurance International Professional Lines
Endurance Specialty Holdings Ltd. announced Thursday that Richard Allen, formerly a vice president at Axis Insurance Company, will join Endurance's London office to head its international ...
Allianz Targets Energy Industry as Insurer Expands in Canada
Allianz SE, Europe's biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries. The insurer plans to boost gross written premiums in the nation to C$500 ...
Hiscox Study Reveals Top States for Employee Lawsuits
An typical California employer has nearly an 18 percent chance of finding its business on the receiving end of an employment liability charge, according to a new study, which reveals that this is 42 ...