News
Japanese Car Makers Feeling the Heat of Disrupters Google, Apple
The days of cheap and cheerful cars like the Honda Civic and Toyota Corolla may be numbered as technology firms Google and Apple muscle into the auto industry, and change the way people own and drive ...
European, Gulf Carriers Reroute Flights Away from Sinai After Russian Jet Crash
Most national carriers in the United Arab Emirates will reroute flights to avoid Egypt's Sinai peninsula until more is known on what caused a Russian-operated jet to crash there on Saturday, killing ...
Liberty Mutual Loses WC Market Share, but Travelers Remains on Top: A.M. Best
Liberty Mutual Insurance's U.S. workers compensation net premiums written for 2014 dropped a whopping 27.5 percent compared to the previous year. The decline was enough to knock it from second to ...
British Insurance Premium Tax Hike Worsens Situation for General Insurers
A tax hike on British motor and home insurance policies effective from Sunday is set to hit consumers and could trigger a fresh round of margin-squeezing price competition among general insurers. The ...
‘We Start Businesses Instead of Buying Them,’ Berkley Says in Last Call as CEO
William R. Berkley's last earnings conference call as chief executive officer of the company that bears his name lasted just over 20 minutes, with a lack of questions about a less-eventful quarter ...
Swiss Re’s Estimated Tianjin Explosion Claims Hit: $250M
Swiss Re said that the Tianjin explosion in China will leave it with an approximately $250 million claims burden, but news of the claims hit didn't mar an otherwise solid 2015 third quarter. The ...
Allstate Names New President of Encompass Division
The Allstate Corp. has named Mark Green as president of the Encompass insurance companies. Green was previously president of Allstate Dealer Services and Ivantage Select Agency Inc. He will report to ...
China and Germany Agree on Halt to Economic Cyber War
China and Germany agreed to work on stopping economic cyber spying between the two nations amid mounting concern that the thousands of small- and medium-sized companies that form the backbone of ...