News
The Hartford: Middle Market Businesses Aim to Expand
Most executives and owners of midsized businesses in the U.S. expect a stronger economy in 2016, and plan to invest in new technology, hiring and geographic expansion, The Hartford found in a new ...
Germany Orders Volkswagen to Recall 2.4M Rigged Diesel Cars
The German government forced Volkswagen AG to recall about 2.4 million diesel cars after throwing out the carmaker's proposal for voluntary repairs, setting off a chain reaction by authorities across ...
Insurance Execs May Also Face U.K. ‘Duty of Responsibility’ Bank Rules
Executives at UK insurers, mortgage brokers and payday-loan companies will be covered by the same "duty of responsibility" as those in banks under legislation introduced in Parliament Thursday. The ...
Air Accidents Are at a Record Low
As the spotlight falls on Dutch crash investigators and their high profile probe into the downing of a Malaysian airliner, air accident detectives worldwide are waging a much more discreet daily ...
National Grid Fending Off ‘Huge Amounts’ of Cyber Security Threats
National Grid Plc is fending off "huge amounts" of cyber-security threats, though only a handful have penetrated the company's computer systems, Chief Executive Officer Steve Holliday said. The U.K. ...
WCRI Studies Examine Medical Costs Drivers; Reform Impacts for 17 States
The Workers Compensation Research Institute (WCRI) has published a new set of studies looking into factors driving trends of medical payments in state workers compensation systems. Specifically, the ...
W.R. Berkley Unveils South Africa-Focused Treaty Unit
W.R. Berkley Corp. is turning to South Africa as the target of its latest business unit, which will be focused on working with both regional insurers and brokers. Chairman and CEO William R. Berkley ...
PartnerRe Losses From Tianjin Explosion Estimated at $50M-$70M
PartnerRe, soon to be acquired by the Italian investment firm EXOR, has chimed in with initial loss estimates from the Tianjin explosion in China. The Bermuda-based reinsurer said its Tianjin-related ...