News
Higher Private Passenger Auto Losses Will Leave P/C Personal Lines in the Red: SNL
Higher private passenger auto insurance losses in 2015 will end a two-year run of property/casualty personal lines insurance profitability. Rather than being a fluke, however, the trend will continue ...
Few U.S. Railroads Will Meet Dec. 31 Train Safety Tech Deadline
Only a small number of U.S. railroads will meet the Dec. 31 deadline for implementing new train safety technology that experts say would have prevented the deadly May 12 Amtrak derailment in ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
Navigators Settles U.S. Probe Over North Korea, Iran Marine Risk Deals
Navigators Group Inc., the insurer that focuses on marine risks, agreed to settle a U.S. probe that it violated sanctions through deals tied to banned nations. Navigators will pay about $272,000 to ...
California Workers Comp Premiums Growing By Double Digits: WCIRB
Workers' compensation premiums in California continue to grow at double-digit rates, according to the Workers' Compensation Insurance Rating Bureau. The WCIRB recently released its "State of the ...
GEICO, Reinsurance Losses Drove Down Berkshire Hathaway’s Q2 Profit
Warren Buffett's Berkshire Hathaway Inc. said second-quarter profit missed analysts' estimates because higher claims costs fueled an underwriting loss at the insurance segment. Net income dropped 37 ...
Severe Floods Could Slam California Region With $24B in Damage: Lloyd’s of London
Severe flooding in an economically vital part of California's could cost more than $24 billion in damage, Lloyd's of London concludes in a new risk analysis of the state. What's more, climate change, ...
With IT Company Deal, Marsh Makes Play For U.S. Small Commercial Market
Marsh will be making strategic acquisition of an insurance technology services company with a focus on boosting its business in the U.S. small commercial market. The global insurance broker and risk ...
New EU Cyber Security Laws Affect Cisco, Google, Amazon and Others
Internet firms such as Cisco , Google and Amazon will be subject to a new EU cyber security law forcing them to adopt tough security measures and possibly report serious breaches to national ...