News
Life After Brexit for UK Financial Sector: British Lawmakers Explore Options
British lawmakers launched an inquiry on Friday to determine if the country should track European Union rules or cut loose to best serve its financial sector after Brexit. Finance is Britain's ...
Everest Re Warns Q4 Catastrophe Losses Will Almost Hit $700M
Everest Re Group Ltd. expects nearly $700 million in catastrophe losses for the 2018 fourth quarter due to wildfires, a hurricane and a hailstorm. Everest's prediction of $695 million in catastrophe ...
Qatar Re CEO Saacke to Step Down in March; Interim Leader Named
Qatar Re said that CEO and Executive Director Gunther Saacke would be stepping down from both roles in March, at the company's next board meeting. He'll stay on for the transition and depart later in ...
Pie Insurance Gains Workers Comp Marketing Approval in 5 More States
Pie Insurance has started selling its online workers compensation insurance in five more states, bringing the total so far to 14. The Washington, D.C.-based managing general agent disclosed it has ...
Progressive Plans 10,000-Employee Hiring Spree
Progressive plans to hire more than 10,000 people through 2019 to help propel rapid growth. The Ohio-based property/casualty insurer said it wants to fill analyst, IT, corporate, customer care, ...
China’s Anbang Insurance Reportedly Close to Selling Health Insurance Arm
Anbang Insurance Group Co., the acquisitive Chinese insurer that's scaling back its global empire, is nearing its first major domestic divestment since the government seized control last year, people ...
Boeing’s Flying Car Prototype Hovers Briefly in Air During Initial Test Flight
Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest plane maker bids to revolutionize ...
Regulators Clear California Utility of 2017 Wildfire Liability
As PG&E Corp. barreled toward bankruptcy last week, just one analyst kept a "buy" rating on the shares, largely on valuation. On Thursday, the stock surged by the most ever, rising 75 percent to ...