News
Executives On The Move at CNA, Ironshore and Beazley
CNA recruited a former Chubb executive for a key role. Ironshore hired on a new executive will help build its London-based underwriting property program business. Beazley appointed a former Hiscox ...
GM Ignition-Switch Case Plaintiffs Face Critical Legal Tests
People suing General Motors Co over a faulty ignition switch will get two chances in a Manhattan court this week to argue that the U.S. automaker should be held accountable for injuries, deaths and ...
Security Costs Drive up Warren Buffett’s Berkshire Hathaway Compensation
Warren Buffett's compensation for running Berkshire Hathaway Inc edged up 1 percent last year to $470,244, reflecting an increase in the cost of keeping the billionaire safe. Buffett's salary ...
Is ‘Flat’ the New Buzzword for Commercial Insurance Pricing?
"Flat" is close to becoming the new buzzword for commercial insurance pricing. For the 2015 fourth quarter, pricing barely ticked up 1 percent, according to Willis Towers Watson's updated survey of ...
People Are Among the Biggest Emerging M&A Risks: Mercer
With global M&A on the upswing in multiple industries, Mercer says it has identified a major risk on the rise: people who work for the companies involved in combining operations. "More than ever, ...
Federal Judge Frees BP from U.S. Lawsuits Over Post-Gulf Spill Drilling Ban
BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal ...
Germanwings Crash Probe Proposes Airline Insurance to Address Pilot License Loss
Pilots would lose privacy protection for health records and airlines would need insurance when the employees lose their license under a proposal from the French air-safety agency that investigated ...
Insurers Now See Nonprofits as Special Sector with Unique Risks
When Pamela Davis started in the insurance industry 26 years ago, there were few insurance markets willing to take on the unique risks of nonprofit organizations. Back then, says Davis, who is now ...