News
Deutsche Bank, Digital Broker Friendsurance Form Partnership
Deutsche Bank and digital insurance broker Friendsurance have formed a partnership designed to make it simpler and more transparent and convenient for clients to arrange for their insurance needs. To ...
E&S Deal: CapSpecialty Buys Renewal Rights to Rockhill Environmental Biz from State Auto
Capitol Indemnity Corp., a wholly-owned subsidiary of CapSpecialty Inc., said it has acquired the renewal rights to Rockhill Insurance Group's excess and surplus environmental insurance book of ...
Machine Learning From the Insurance Trenches
There has never been a book that changed my world view like "The World Is Flat" by Thomas Friedman. I was in my early 20s, and the book helped me realize I was competing with other workers throughout ...
Federal, State Regulators Propose Consolidated Collection of Terrorism Insurance Data
The process carriers follow to collect data required under the U.S. federal terrorism reinsurance program are moving toward a more streamlined approach in 2018. Previously, U.S. Department of ...
Calif. Mudslides Devastate Billionaire Enclave; Insurance Damage Could Be Massive
The mudslides on the California coastal town of Montecito have devastated a wealthy enclave where billionaires including Charlie Munger, Eric Schmidt and Oprah Winfrey own properties, with hundreds ...
For Executives, Transparency Isn’t Always a Good Thing
Transparent decision-making processes aren't necessarily a good thing for executives and the companies they run. The reason: Company heads may end up never hearing honest, valuable perspectives. ...
Spain and Netherlands Will Push for Soft Brexit Deal to Keep UK Close
Spanish and Dutch finance ministers have agreed to push for a Brexit deal that keeps Britain as close to the European Union as possible, according to a person familiar with the situation. Spanish ...
La Nina Appears Likely for Remaining Winter
A U.S. government weather forecaster said on Thursday that La Niña conditions are likely to persist through the Northern Hemisphere winter. La Niña is characterized by unusually cold ocean ...