Industry News
House Leaders Unveil Their Version of a TRIA Extension, With Attachments
House leaders released a proposed six-year extension of a federal program to insure property against the risk of terrorism, including a Republican proposal to revise a bank regulatory law. The ...
HCC Taps Beebe as Independent Board Member
Houston-based HCC Insurance Holdings, Inc. announced that Lydia I. Beebe, a former Chevron Corp. executive, has been elected as an independent member of the specialty insurance company's board of ...
Judicial Panel Orders Hurricane Sandy Flood Insurers to Fork Over Reports
A Travelers Cos. unit and other flood insurers accused by Hurricane Sandy victims in New York of using falsified engineering reports must turn over the drafts to policyholders, a three-judge panel ...Hartford’s CFO: Update on Talcott Drawdown Coming in Feb. 2015
Hartford Financial Services Group will update shareholders in February 2015 about next steps in the continuing drawdown of its Talcott Resolution division, the company's life runoff annuity ...
Navigators Appoints Former GenStar Exec Roberts to Board
The Navigators Group, Inc. announced Tuesday that Patricia Roberts has been appointed to its board of directors. Roberts had a 35-year career at General Reinsurance Corporation, joining in 1977 as an ...
Liability Alert: Chevron Leads in Greenhouse Gas Production
Chevron Corp. has produced more greenhouse gases than any other fossil-fuel company, according to a study released as global climate talks continued today in Lima. Chevron edged out state-owned Saudi ...
Ebola Vaccine Makers Offered Legal Immunity by HHS
The U.S. Department of Health and Human Services on Tuesday offered liability protections to drug makers rushing to develop Ebola vaccines and urged other countries to follow suit. Health and Human ...
Hartford Reduces Energy Bond Holdings As Oil Prices Drop
Hartford Financial Services Group Inc., the insurer with a $76 billion investment portfolio, has reduced holdings of bonds issued by energy companies amid a slump in oil prices. "We've lightened up a ...