Industry News
Cost of Uninsured Motorists Continues to Climb: IRC
There hasn't been much ground gained in the battle to reduce the number of uninsured motorists on the road, according to a new industry report. And experts don't fully understand why a solution to ...
Former Zurich CEO Schiro, Goldman Director, Dies
James Schiro, who led Zurich Financial Services AG through the credit crisis and became Goldman Sachs Group Inc.'s lead independent director, has died. He was 68. He died on Aug. 13, according to an ...
Early Use of Real-Time Data Can Save 25% on Claims: LexisNexis
Carriers that incorporate real time data analytics into the claims process at first notice of loss can more accurately and consistently triage claims, identify potentially fraudulent files and ...AIG Resumes D.C. Lobbying Efforts After Hiatus
Insurer American International Group is ramping up its lobbying team in Washington, almost six years after it halted such efforts following its rescue by the U.S. government during the financial ...
Hallmark Financial Services Pulls in CNA Vet as New CEO
Hallmark Financial Services, an insurance holding company based in Texas, has brought on a veteran executive from Torus Insurance Holdings Ltd. and CNA Financial Corp. as its new CEO. Naveen Anand ...
Berkshire Hathaway’s Stock is How High?
Berkshire Hathaway Inc's share price on Thursday surpassed and closed above $200,000 for the first time, the latest milestone for a company that Warren Buffett has built over nearly five decades into ...
Buffett’s Berkshire Hathaway Decides It Likes Cable
Warren Buffett's Berkshire Hathaway Inc reported a $366 million stake in cable TV operator Charter Communications Inc in the second quarter, according to a regulatory filing made public on Thursday. ...
Jana Partners Adds to AIG and Hertz Holdings
Jana Partners LLC, the $10 billion hedge-fund firm run by Barry Rosenstein, bought shares of FMC Corp. and exited stakes in Sirius XM Holdings Inc. and Juniper Networks Inc. during the second ...