News
Actuarial Career Popular For Grads But Mid-Level Talent Gap Snowballing
Although insurers are finding it a little easier to recruit candidates for actuarial positions than insurance technology jobs in 2018, "the actuarial arena is set to reach a breaking point in terms ...
Median Pay for Berkshire Employees $53.5K; Just Over Half Buffett Pay
Berkshire Hathaway said on Friday that its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him ...
Trump Tax Cuts Could Solidify U.S. as Most Active Insurance M&A Region: Clyde & Co.
The U.S. has regained its position as the most active region for M&A activity in the global insurance industry, and the Trump tax cuts could boost that activity even further, according to a ...
2017 Securities Class Action Settlement Dollars Were the Lowest Since 2008: Cornerstone
Total settlement dollars from securities class actions fell dramatically in 2017, even as the number of settlements remained steady. According to a new report by Cornerstone Research, Securities ...
Marsh Joins World’s Largest Open Source Blockchain Initiative
Marsh said it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative with more than 400 member companies. The EEA is focused on creating open ...
Court Docs Show Automakers Knew Earlier About Takata Air Bag Issues
General Motors Co, Volkswagen AG, Fiat Chrysler Automobiles NV and Daimler AG knew of problems with Takata air bag inflators and should have moved faster to recall vehicles, according to company ...
Munich Re Reportedly Negotiating on London Skyscraper Plot for Possible UK HQ Site
Munich Re, the world's largest reinsurer, is in talks to acquire a plot that has approval for one of the tallest towers in the City of London financial district, people with knowledge of the plan ...
Icahn’s AIG Board Rep Won’t Seek New Term
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc, will not seek re-election to the post at the insurer's annual meeting in May, the company ...