News
Report: S&P Close to Settling Real Estate Bond Rating Investigation
Standard & Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, the Wall Street Journal reported, citing people ...
Carrier Management’s Top Feature of 2014: Fireman’s Fund’s Decline
A story about Fireman's Fund Insurance Co.'s long decline was the top Carrier Management feature in 2014. The October 15 story by contributor Russ Banham looked at the company's struggles up to that ...
GAO Report Questions U.S. Readiness For Nuclear Terror or Mega-Cat
Bhe U.S. government isn't fully prepared to handle a nuclear terrorist attack or a large-scale natural catastrophe, lacks effective coordination, and in some cases is years away from ensuring ...
RateWatch Reveals Top States for Personal Auto, Homeowners Rate Hikes
Personal auto insurance companies increased their rates by an average of 2.1 percent countrywide in 2014, according to insurance consulting firm Perr&Knight's RateWatch reports. The three states ...
WCRI Study: Pill Mill Reform Fuels Shift from Opioids to Weaker Meds
A law banning physicians from dispensing certain strong opioids discouraged the doctors from prescribing those drugs at all, according to a new study, which also found that the doctors dispensed more ...
Assured Guaranty Buying Bond Insurance Unit from Radian for $810M
Radian Group Inc. agreed to sell its bond guarantor to Assured Guaranty Ltd. for $810 million to free up capital as the company prepares for tighter oversight of mortgage insurance. The deal is ...
CNA Financial Announces Lindemann to Retire
CNA Financial Corp. has announced that Robert Lindemann, president and chief operating officer of CNA Commercial, will retire effective Dec. 31, 2014, after a career spanning more than three decades. ...
XL Group Comes Out With Nuclear/Radiological Event Coverage
XL Group has come out with insurance coverage for chemical, biological, radiological and nuclear events. The insurer's crisis management team is handling the rollout as it did earlier in December ...