News
Cyber Insurance Continues to Be Both Risky Proposition and Enticing Market
While there are some issues with the data, virtually every report shows the cyber insurance market growing. Aon Benfield had it growing 37 percent last year to $1.8 billion. It's profitable and the ...
Crackdowns on Distracted Driving Are Spreading
Like many diligent public servants, Georgia state Representative Ed Setzler enjoys crowing about a nice, tidy highway project. In a Sept. 8 Facebook video, the Republican appeared to be doing just ...
Swiss Re, Cerberus, Among Parties Exploring Anbang Insurance Investment
China's attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations. ...
Executives On The Move at Axis Capital Holdings and Everest Insurance
AXIS Capital Holdings brought on an Allied World veteran to fill a new executive position. Everest Insurance has given one of its longtime executives additional responsibilities. *** Kent Ziegler has ...
Hurricane Michael Insured Losses Could Hit Between $6.8B-$10B: RMS
Insured losses from Hurricane Michael now look to be between $6.8 billion and $10 billion, according to a new estimate from catastrophe modeler RMS. That estimate covers insured losses relating to ...
Arch Insurance Appoints Shulman to Lead North American Business; New Organizational Structure Added
Arch Insurance named a long-term executive at the company to lead its North American operations. Matt Shulman will take on the newly created role of CEO, Arch Insurance North America, effective Jan. ...
UK PM May Reportedly Bends on Brexit Border Demand
U.K. Prime Minister Theresa May is said to be ready to ditch one of her key Brexit demands in order to resolve the vexed issue of the Irish border and clear the path to a deal, according to people ...
Berkshire Hathaway Sued, Accused of Trying to Cripple Company That Sells Duracell Products
Warren Buffett's Berkshire Hathaway Inc. was accused in a lawsuit of trying to cripple a New York-based company that sells Duracell-branded products after the billionaire investor acquired the ...