News
Human Error Blamed as Robot Kills Volkswagen Contractor at Production Plant
A robot has killed a contractor at one of Volkswagen's production plants in Germany, the automaker said last Wednesday. The man died last Monday at the plant in Baunatal, about 100 kilometers (62 ...
Reuters Column: Are Loyal Drivers Paying More to Insurers?
When Jonathan G. Stein became unhappy with his long-time car insurance carrier earlier this year, the 41-year-old lawyer from Elk Grove, California switched to a new company. How was he rewarded for ...
Majesco’s Fall ’26 Product Release Accelerates the Journey to a Frontier Firm We are standing at the edge of a...
Fracking Officially Banned in New York, Ending Seven-Year Review
New York formalized its ban on high-volume hydraulic fracturing for natural gas on Monday, concluding a seven-year environmental and health review that drew a record number of public comments. "After ...
Disney Joins Tourist Sites Banning Selfie Sticks
Walt Disney Co. started banning selfie sticks at its theme parks around the world, joining a growing list of attractions that restrict the camera accessories for safety reasons. As of last Tuesday, ...
EXOR Deal Better for PartnerRe Than AXIS, Says Former CEO Thiele
PartnerRe Ltd.'s former Chief Executive Officer Patrick Thiele said the reinsurer's shareholders should vote against a planned merger with AXIS Capital Holdings Ltd. and called the cash offer from ...
Big ACE-Chubb Deal Drives ‘Feverish’ Merger Speculation
Evan Greenberg just took dealmaking to the next level. The chief executive officer of property/casualty insurer ACE Ltd. on Wednesday announced a $28 billion deal for rival Chubb Corp. It's the ...
Chubb CEO Finnegan Eligible for $93M Severance If Let Go After ACE Sale
Chubb Corp. Chief Executive Officer John Finnegan could walk away with at least $92.7 million if he's terminated after ACE Ltd. acquires the company. Finnegan, who's run the insurer since late 2002, ...
How They Stack Up: Analysis of Chubb’s Future Position in P/C Product Lines
Just a little over six months ago, ACE announced a deal to acquire the high-net-worth personal lines business of Fireman's Fund from Allianz, competing against Chubb, which holds the leading position ...