News
Retaliation Charges Top 2015 List of Workplace Discrimination Claims
Retaliation charges increased by nearly five percent in 2015 and continue to be the leading concern raised by workers across the country. Disability charges increased by six percent from last year ...
Executives On The Move at QBE, Hiscox and Preferred Mutual
QBE North America gave one of its major executives some new responsibilities. Hiscox brought on an additional energy underwriter. Preferred Mutual has a new general counsel. *** QBE North America is ...
Q&A: Don’t React to Rumors on A.M. Best’s New Model, COO Mosher Says
A.M. Best is overhauling the calculation of the Best's Capital Adequacy Ratio used in its assessments of insurer capital strength, but higher resulting risk charges and correspondingly lower BCAR ...
BCAR Revisited: Understanding A.M. Best’s New Model
Carriers can toss out old playbooks that helped them map financial metrics into A.M. Best ratings, according to rating agency analysts, who are putting finishing touches on a new capital adequacy ...
Hank Greenberg: AIG Let ‘Fox in the Henhouse’ With Icahn Deal
American International Group Inc. Chief Executive Officer Peter Hancock won short-term relief at the risk of longer-term challenges by striking an accord with activist investors who want to shrink ...
The Hartford CEO Swift: M&A One of Many Possible Growth Options
The Hartford Chairman and CEO Christopher Swift said that M&A is one of many possible options for the property/casualty insurer as it looks at ways to accelerate growth in the months ahead. "We ...
As El Niño Peaks, La Niña is Poised to Emerge
Even as the El Nino weather phenomenon continues to impact global temperatures and crops, its counterpart La Nina is increasingly expected to emerge in the coming months for the first time in four ...
In Q4, Markel Improved Combined Ratio and Grew Net Income
Markel Corp. reported $197.9 million in net income to shareholders for the 2015 fourth quarter, up from $117.6 million during the same period in 2014. For the full-year 2015, the Richmond, ...