Industry News
Survey: Nonprofits Unprepared, Underinsured Against Risks
Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit ...
It’s Not About AIG, Says Berkshire’s Peter Eastwood
When a veteran of CNA joined Berkshire Hathaway Specialty Insurance to lead the new venture's professional liability division last week, the news did not receive the press that the followed the first ...
Deadly Oklahoma Tornado Widest on Record, Rare EF5
The deadly tornado that struck near Oklahoma City at the end of May had a record-breaking width of 2.6 miles and was the second top-of-the-scale EF5 twister to hit the area in less than two weeks, ...
Fouché Leaves Fireman’s Fund For Pru: Torrance Is New Fireman’s Fund CEO
In separate announcements, Prudential Financial and Fireman's Fund Insurance Company reported on Monday that Lori Dickerson Fouché has left her position as Fireman's Fund's president and chief ...
‘Great Rotation’ From Bonds Into Equities May Have Begun
Just as a month-long stock market rout seems to have further trashed the concept of a "Great Rotation" from bonds into equities, evidence is emerging that institutional investors may have already ...
P/C Carriers Lag Life Insurers, Brokers on Gender Diversity
Commercial property/casualty insurance carriers and reinsurers have more work to do than life and personal lines carriers or brokers when it comes to bringing more women into their leadership ranks, ...
SEC Presses Berkshire for More Data On Insurance Cat Losses
Warren Buffett's Berkshire Hathaway Inc. is providing more data about claims costs at insurance units after the U.S. Securities and Exchange Commission pressed the company for the information. We ...
P/C Insurer Advertising: ‘Mayhem’ Outspends ‘Good Neighbor’
Allstate's "Mayhem" trumped State Farm Mutual's the "Good Neighbor" in advertising dollars in 2012. According to an analysis by SNL Financial, Allstate's ad spend increased 14.8 percent year over ...