News
Trump’s Funding Plan Would Limit Federal Subsidies for Crop Insurance Premiums
U.S. farm groups on Tuesday pushed back against President Donald Trump's proposal to slash agriculture spending, viewing it as a fresh threat to a struggling farm economy. The White House on Monday ...
Italian Defense Company Will Release Anti-Ransomware Tool After ‘WannaCry’ Attacks
When a wave of ransom-requesting cyber attacks hit computers across the globe earlier this month, Leonardo SpA cyber-security experts had already warned clients that a larger-than-usual strike was ...
State Auto Exec Jessica Clark Is GuideOne Insurance’s Next CEO
GuideOne Insurance is bringing on a longtime executive from State Auto Financial Corp. as its next leader. Jessica Clark will officially become chief executive officer of the Iowa-based insurer on ...
Toyota, MIT Media Lab Blockchain Partnership Could Help Set Insurance Prices
Toyota Research Institute, a wholly owned unit of Toyota Motor North America, said on Monday it has teamed up with MIT Media Lab and five other companies to explore blockchain technology for the ...
Executives On The Move at XL Catlin and JLT Specialty USA
An ex-Zurich Insurance exec is coming to XL Catlin in a major leadership role. JLT Specialty USA appointed a new vice president who will help assist the restructuring community in solving complex ...
Financial Analysis: Why Regional Writer ROEs Lag Nationals
A comparison of the returns on equity of national and regional writers of property/casualty insurance produces a result that may not seem terribly intriguing: National writers win, hands down. But ...
Many Pressures Will Spur More Insurance M&A Deals in 2017: Conning
Insurance industry M&A activity should swell through the rest of 2017 in all areas, with multiple factors driving the trend Conning said in a new report. "The property/casualty sector should ...
SCOTUS Tightens Laws on Where Patent Lawsuits Can be Filed
The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent "trolls" to launch sometimes dodgy patent cases in ...