News
Starr Launches Insurance and Related Services for Cuba Travel
Starr Cos. announced that it is now offering travel insurance and assistance services for travel to Cuba. The plans provide trip cancellation and trip interruption insurance as well as accident and ...
Report: AIG May Exit At Least 50 Percent of Hedge Fund Investments
American International Group Inc. plans to exit at least half the hedge funds in which the insurer is invested, according to people familiar with the company's portfolio. The insurer has holdings in ...
Cyber, Homegrown Terror Are Top U.S. Security Threats: Intelligence Official
Disruptions in cyberspace and attacks by "homegrown" terrorists are the most imminent security threats facing the United States in 2016, James Clapper, the top U.S. intelligence official, told two ...
Lloyd’s, XL Catlin, Munich Re Among Lemonade’s Reinsurance Backers
Peer-to-peer insurance startup Lemonade said it has signed on several global reinsurers, including Lloyd's of London, XL Catlin and Berkshire Hathaway's National Indemnity. Everest Re, Hiscox and ...
U.S. P/C Insurance Employment Dipped in December: I.I.I.
P/C insurance carrier employment in the U.S. declined in December, continuing a generally downward trend going back 18 months, the Insurance Information Institute said in a special report. The number ...
Taiwan Quake Death Toll at 37; More Than 100 Still Missing
The number of confirmed deaths in a weekend earthquake in Taiwan edged up to 37, with the final toll estimated to be much higher as more than a hundred people were still reported missing. Efforts to ...
Southern Taiwan Hit by Magnitude 6.4 Earthquake; Damage Aggravated by Building Configuration: AIR
A magnitude 6.4 earthquake struck southern Taiwan early Saturday, collapsing a 17-story residential block in Tainan City and killing at least 37 people. According to catastrophe modeling firm AIR ...
Allianz Dives Into U.S. Wind Farm Investments
Both have committed tax equity for two wind farms under development by EDF Renewable Energy, a U.S. wind farm developer. The two farms – dubbed Roosevelt and Milo – are under development in ...