News
Executives On The Move at XL Catlin, Starr Companies and More
XL Catlin hired on an ex-RSA executive to run a major division. A former AIG executive will be joining Starr Companies as a regional vice president in Texas. Marketform is adding a veteran JLT Group ...
Lawsuit Alleging Facebook Tagging Violates Biometric Privacy Moves Forward
Facebook Inc. users who say the social network's facial scanning flouts their privacy rights won the first round of a court fight. A federal judge in San Francisco on Thursday rejected Facebook's ...
Competitive Advantage to Asia as Employees Become Increasingly Engaged and Fulfilled: Aon Hewitt
Employees are increasingly engaged and more fulfilled around the world, though they remain happiest in Latin America compared to other markets, according to Aon Hewitt's latest report. Worth, ...
The U.S. Mortgage Insurance Market Has a New Player: JLT Re
Reinsurance broker JLT Re has launched a new operation in North America – JLT Re Global Mortgage Solutions — to offer insurance and reinsurance to government-sponsored entities, mortgage ...
Alberta Wildfire Could Cost Insurers Close to $7 Billion
A wildfire in the Alberta city of Fort McMurray could cost insurers as much as C$9 billion (U.S. $7 billion) making it by far the costliest ever Canadian natural disaster, according to research by ...
Russian Criminals May be Selling Hundreds of Millions of Hacked Email Accounts
Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia's criminal underworld, a security expert told Reuters. The discovery of 272.3 ...
Allstate’s Q1 Net Income Plunged, with Hailstorms to Blame
The 2016 first quarter (and two severe hailstorms) left its mark on the Allstate Corp., with net income during the period plunging more than 65 percent. Echoing trends from other property/casualty ...
Chubb CEO Greenberg Rolls Out Welcome Mat for High Net Worth Competitors
Estimating that the high-net-worth (HNW) personal lines market has more than $30 billion worth of business up for grabs, and the small commercial lines market, another $80 billion, Chubb Limited CEO ...