News
PCI Urges Support for Earthquake Mitigation Incentive Act
The Property Casualty Insurers Association of America (PCI) is urging support for H.R. 5610, The Earthquake Mitigation Tax Incentive Act of 2016. In a statement released Tuesday, Nat Wienecke, senior ...
Hamilton CEO Duperreault: SME Joint Venture With AIG, Two Sigma Launches in Q4
Hamilton Insurance Group Ltd., American International Group, Inc. and Two Sigma Investments plan in the fourth quarter to start rolling out a technology-enabled, customer-centric insurance platform ...
Insurers Optimistic About Latest Round of Covered Agreement Talks
Insurers say they are encouraged by the most recent developments in the covered insurance/reinsurance agreement negotiations between the United States and European Commission. Following the latest ...
U.S. Senator Calls for SEC Probe of Yahoo Hacking Disclosure Timing
Democratic Senator Mark Warner on Monday asked the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the ...
Takata, Automakers Explore Ways to Both Share and Limit Air Bag Liability
Takata Corp. and some of the world's biggest carmakers face an extensive -- and expensive -- to-do list as they try to resolve the worst safety crisis in the auto industry's history. Executives for ...
Universal Property & Casualty’s Direct-to-Consumer Homeowners Site Hits Three More States
Universal Direct, a direct-to-consumer online platform for Universal Property & Casualty Insurance Co. homeowners insurance, is now available in Florida, Hawaii and North Carolina. With these ...
Taiwan Hammered by Third Typhoon in Two Weeks
Typhoon Megi lashed Taiwan with wind and rain on Tuesday, bringing 20-foot-high waves and knocking pedestrians off their feet in Taipei. More than 280,000 households lost electricity, state-owned ...
Cyber Crime Worries Rise Among Small, Medium-Sized Businesses: Zurich
While the number remains low, there's been a robust rate of increase in the number of small and medium-sized businesses tuned in to the cyber attack risks they face, Zurich Insurance Group said in a ...