News
Buffett’s Berkshire Hathaway Buys Stake in Italian Insurer Cattolica
Warren Buffett is expanding his wager on Italy. The billionaire's Berkshire Hathaway Inc. said Thursday it agreed to buy about 9 percent of Italian insurer Societa Cattolica di Assicurazioni Scrl ...
Texting Isn’t to Blame for Still-Rising U.S. Traffic Deaths
Traffic fatalities in the U.S. jumped for the second straight year in 2016 despite a dip in crash deaths linked to distracted driving, according to data released by federal highway safety regulators. ...
Eyewitness to Hurricane Destruction: TOPA Insurance CEO Shares Caribbean Experiences
When Topa Insurance Group President and CEO John Donahue arrived in the U.S. Virgin Islands (USVI) just a few days after Hurricane Irma hit, one of the first things he noticed aside from the utter ...
Lloyd’s Signs Global AI Deal With Expert System
Lloyd's of London wants to infuse artificial intelligence technology into the daily business it does with its customers. The world's largest insurance market signed a global deal with Expert System ...
Hurricane Nate Becomes 4th Hurricane in 2 Months to Make U.S. Landfall
Hurricane Nate on Saturday became the fourth hurricane to make landfall in the U.S. in the past two months. Unlike the other mammoth hurricanes, however, this one landed at Category 1. Hurricanes ...
Report: Zurich CEO Greco Claims 2019 Cost-Cutting Goal at Halfway Point
Zurich Insurance will have cut costs by $700 million by the end of the year, nearly halfway to its goal to save $1.5 billion by 2019, Chief Executive Mario Greco said in an interview published on ...
Survey Says: Millennial Insurance Workers Would Recommend Career to Others
Executives trying to attract more young people to the insurance industry as its workforce ages out can take heart in a new survey that shows millennials employees like what they see. About 82 percent ...
Q3 Commercial Lines Rates a Mixed Bag: MarketScout and IVANS
The MarketScout and IVANS commercial insurance market indexes are revealing a mixed bag in terms of rates for the 2017 third quarter. First, the MarketScout composite rate index for commercial ...