News
Tokio Marine Broadens Diversification with $7.5B Purchase of HCC Insurance
Tokio Marine Holdings Inc said on Wednesday it had agreed to buy U.S. specialty insurer HCC Insurance Holdings Inc for $7.5 billion, in what would be the biggest M&A deal this year by a Japanese ...
Guy Carpenter Adds Financial Institutions and Cyber Components to GC ForCas Platform
Global risk and reinsurance specialist Guy Carpenter on Monday announced the launch of the Financial Institutions and Cyber components of its GC ForCas casualty catastrophe modeling platform. Guy ...
Executives On The Move at Beazley, Berkley and More
RSA, Beazley, W.R. Berkley and JLT Re have recently put in place a number of executive promotions meant to facilitate expansion and growth. Here they are: *** RSA said it is promoting Suzy Tiffany to ...
Ironshore Starts Real Estate Industry Practice Group
Ironshore launched its real estate industry practice group and promoted one of its existing executives to help build the business. Edward Mazman will lead the division. He'll continue serving as ...
U.S. Safety Officials Call For Collision Prevention Systems in Cars and Trucks
U.S. safety officials on Monday called on automakers to begin installing collision avoidance systems in all new passenger and commercial vehicles, saying existing technology could save lives and ...
Obama Urges Congress to Quickly Pass Cyber Security Legislation
President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has ...
Hewlett-Packard Using $100M in Insurance to Settle ‘Botched Takeover’ Lawsuit
Hewlett-Packard Co. agreed to pay $100 million out of insurance proceeds to settle a lawsuit filed by shareholders who claimed they lost money in the botched takeover of Autonomy Corp., according to ...
Lawmakers Urge U.S. Retaliation For Massive Hacking of Worker Data
The Obama administration should retaliate for a cyber-attack on federal employee records that was the worst breach the U.S. government has ever suffered, members of Congress said on Sunday. "There ...