News
Plug-and-Play Solar Panels Now Ready for Homeowners
The Fraunhofer Center for Sustainable Energy Systems (CSE) successfully completed the first public installation and interconnection of its Plug and Play PV Systems, a novel residential rooftop ...
USAA Financing Wheelchair Accessible Vans for Members
On Friday, Vantage Mobility International (VMI) announced an agreement with USAA that will make it easier for USAA members to secure a wheelchair accessible vehicle (WAV). Under the agreement, USAA ...
Arizona Sues GM for $3B, Alleging Fraud Over Faulty Ignition Switches
Arizona became the first state to join consumers already suing General Motors Co. over faulty ignition switches, claiming the company misled motorists about the safety of its cars and defrauded them ...
Marsh & McLennan Division to Grab Investment Management Firm
Marsh & McLennan Cos., the largest insurance broker by market value, agreed to buy SCM Strategic Capital Management AG as its Mercer unit expands in alternative investments. SCM, which oversees ...
Risker P/C Industry Investments Likely as Returns Taper Off: Conning
The property/casualty insurance industry could very well see pricing taper into negative territory in 2015. Faced with that reality, plus low interest rates, companies may find them selves forced to ...
Foreign Governments Have Hacked U.S. Grid, NSA Head Says
Several foreign governments have hacked into U.S. energy, water and fuel distribution systems and might damage essential services, the top national security official said. Those intrusions have left ...
Securian to Buy $16.4B Asset Manager From Stone Point
Securian Financial Group Inc., the insurer formed in 1880, agreed to buy a majority stake in Asset Allocation & Management Co. from a private-equity fund overseen by Stone Point Capital LLC. The ...
Berkshire Hathaway Specialty Introduces Side A DIC D&O Liability Policy
Berkshire Hathaway Specialty Insurance is rolling out a new executive liability insurance products focused on the D&O space. The Side A DIC Directors & Officers Liability Policy provides ...