News
Nationwide Plans to Slash More Than 1,000 Jobs
Nationwide intends to eliminate the jobs of about 1,100 employees across the country _ around 3.6 percent of its workforce. The insurance and financial services company says about 80 workers in Des ...
U.S. Firms Face High CEO Turnover Due to Poor Succession Planning
About 1 of every 8 chief executive officers at the biggest publicly traded U.S. firms leave within three years. Better succession planning could improve longevity and save shareholders billions of ...
J&J Talc Cancer Retrial in South Carolina Fails to Reach Verdict
A second South Carolina jury on Thursday failed to reach a verdict in the retrial of a case by a woman whose family said her long-term use of Johnson & Johnson's baby powder led to her death from ...
The Latest Launches From Starr and ISO
Starr Insurance Companies is linking up with security firm Rapid7 to provide cyber loss prevention services to some of its customers. ISO came out with a management liability insurance program ...
Maiden Holdings’ A.M. Best Financial Strength Rating Dips Below ‘A’
Maiden Holdings is dealing with some A.M. Best ratings downgrades due to concerns about its operating performance. The ratings agency downgraded the long-term issuer credit rating to "bb" from "bb-" ...
CNA’s Commercial Lines Improvements Win Outlook Upgrade From S&P
CNA Group gained an outlook upgrade from Standard & Poor's based on improvement of its commercial lines business. S&P Global Ratings revised its outlook for CNA to positive from stable. As ...
California Wildfires Lowering Surface Temps, Blotting Out the Sun
The smoke from California's deadliest fire is so thick that it's blotting out the sun and lowering surface temperatures by as much as 10 degrees Fahrenheit (6 Celsius), according to the U.S. National ...
Swiss Re Backs Cover of U.S. Solar Power Output Risks
A tool designed as an insurance policy for solar-power generation will be used to manage the risk associated with U.S. residential systems for the first time as part of a financing agreement backing ...