Industry News
NY AG Schneiderman Says AIG Suit Is Bid to Hobble Unlicensed Sales Probe
New York Attorney General Eric Schneiderman asked a federal judge to dismiss a lawsuit filed by American International Group Inc. against the state's Department of Financial Services and its ...
Judge: Corzine, Ex-MF Global Execs Can Tap More Insurance Funds for Defense
Jon Corzine and other former insiders of collapsed brokerage MF Global can tap another $10 million of insurance funds to defend lawsuits accusing them of hastening the firm's downfall, a U.S judge ...
Early AI initiatives in personal auto have largely focused on improving efficiency within individual functions, from claims and customer service...
Farmers’ New Consumer Web Portal Has Auto Buyers In Mind
Farmers Insurance is launching a new consumer web portal designed, in part, to expand how it sells auto and other kinds of insurance. The initiative reflects a push to attract and retain younger ...
Former VP Gore Backs Insurance Execs’ Commitment to Climate Risk at Geneva Assoc. Assembly
Former U.S. Vice President Al Gore recognized the insurance industry's key role in helping the world to tackle climate-related risks during a speech at The Geneva Association's annual General ...
66 Industry CEOs Sign Geneva Association Climate Risk Statement
Sixty-six chief executives of the world's leading insurers have confirmed their commitment to The Geneva Association's Climate Risk Statement―a set of guiding principles on the substantial role ...
Aspen, Still in Endurance’s Sights, Touts Growth and Investor Value
Aspen Insurance Holdings continues as Endurance Specialty Holdings' hotly coveted takeover target. In the meantime, the Bermuda reinsurance and insurance player made its case to investors that it is ...
House Bipartisan TRIA Bill Expected In June: Subcommittee Chair
The chairman of crucial U.S. House subcommittee said a bipartisan bill of its own that will renew the Terrorism Risk Insurance Act, or TRIA, will be unveiled in June. Rep. Randy Neugebauer, R-Texas, ...
Everest Re Appoints Marsh Exec Losquadro to Board
Last week, Everest Re Group, Ltd. announced the appointment of Gerri Losquadro to its Board of Directors, effective May 14, 2014. Losquadro recently retired as Senior Vice President and head of ...