News
Power Outages to Rise in NY, Philly, Other Cities: University Study
Cities like Miami are all too familiar with hurricane-related power outages. But a Johns Hopkins University analysis finds climate change will give other major metro areas a lot to worry about in ...
XL Group CEO Confirms M&A Talks with Rival Catlin
XL Group plc has confirmed that it is in preliminary discussions focused on potentially acquiring rival Catlin. If an M&A agreement comes together, it would be a major consolidation move in the ...
Former Sony Workers Suing Over Unprotected Personal Info
Sony Pictures Entertainment has been sued by two self-described former employees who accuse the movie studio of failing to protect Social Security numbers, healthcare records, salaries and other data ...
Argo to Snatch up OneBeacon’s Lawyers Professional Liability Business
OneBeacon Insurance Group Ltd. has sold the renewal rights to its lawyers professional liability business to Argo Group US, Inc., a member of Argo Group International Holdings Ltd. The transaction ...
TRIA Renewal Efforts Appear Dead for 2014
A U.S. program that backstops insurance companies' losses from acts of terrorism is set to end after the Senate didn't extend it. Efforts to reauthorize the Terrorism Risk Insurance Act for six years ...
Marsh’s Top 10 U.S. Casualty Trends for 2015
Marsh's U.S. Casualty Practice sees a number of new insurance trends shaping the market in 2015, including a softening market, new capacity, and the greater use of data to enhance underwriting. Marsh ...
Fairfax to Acquire QBE’s Czech, Hungarian and Slovakian Operations
Fairfax Financial Holdings Ltd. has entered into an agreement to purchase QBE Insurance (Europe) Ltd.'s insurance operations in the Czech Republic, Hungary and Slovakia. Terms of the transaction were ...Verisk Launches Next-Gen Commercial Property Data Analytics System
Verisk Insurance Solutions - Commercial Property, part of Verisk Analytics, has launched the next generation of its ProMetrix suite of data and analytics for commercial property carriers. Updates to ...