Industry News
Property/Casualty M&A Continues Accelerating in 2015: Conning
Property-casualty insurance sector M&A deals jumped by more than 31 percent and deal value grew by more than half from 2013 to 2014 as carriers sought to diversify, remain relevant with customers ...
Joyce Joins Re Broker Holborn from BMS
On Monday, independent reinsurance broker Holborn Corporation announced that Michael S. Joyce had joined the firm as a senior vice president in the firm's Minneapolis office. Prior to joining ...
WSJ Documents Decline of The Southport Lane Insurance Empire
An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers' investments was built by a private equity firm in part on questionable assets ...
KPMG’s Hay Named to IICF Board, Keynoting at SJU Event This Week
The Insurance Industry Charitable Foundation announced that Laura Hay, National Sector Leader for Insurance at KPMG, has been named to its National Board of Governors. Hay, a 30-year veteran of the ...
Hedge Funds Gain by Gambling on Lawsuits
For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new ...
Anti-Drunk Driving Devices Could Save 59,000 Lives: University Study
Putting technology that prevents drunk drivers from starting a vehicle into every car and truck in the U.S. could save 59,000 lives and $343 million over 15 years, according to a University of ...
Solvency II Staggers to the Finish Line: International Editor Looks Back
It's been a long process, but, according to Paul Fisher, deputy head of the Bank of England's Prudential Regulation Authority (PRA), who supervises insurance and regulatory risk, it is nearing ...
U.S. House Committee Unveils ‘Threat-Sharing’ Cybersecurity Bill
The U.S. House of Representatives Intelligence Committee introduced on Tuesday long-awaited legislation intended to enhance information sharing between private companies and intelligence agencies ...