News
P/C Underwriting ‘Negativity’ Is Spreading – KBW
Negativity in property/casualty insurance underwriting keeps spreading like a contagion in 2014, with very few lines escaping pricing pressures and no sign of a letup anytime soon, Keefe, Bruyette ...
California Moving Forward with $7.2B Drought Mitigation Bond
Governor Jerry Brown and California Democratic lawmakers reached tentative agreement on a $7.2 billion bond measure for water storage and delivery to drought- stricken cities and farms. The ...
AIR Worldwide Views Two Recent Japan Storms as Costly
AIR Worldwide said that a recent storm that struck Japan, combined with a substantial typhoon earlier this summer, could leave behind costly damages. The catastrophe modeling firm noted that typhoon ...
Typhoon Leaves Japan on Flood and Landslide Alert
Japan maintained flood and landslide warnings covering much of the nation after Typhoon Halong moved out to the Sea of Japan this afternoon. Halong crossed Shikoku, the smallest of Japan's four main ...
SEC Alleges Kansas Avoided Revealing Pension Bond Liability
The U.S. Securities and Exchange Commission charged Kansas with failing to disclose a "multibillion-dollar" pension liability to bond investors. Documents for eight bond offerings in 2009 and 2010 by ...
Home Depot Targeted In Lawsuit Over Missouri Tornado Deaths
A woman whose husband and two children were among eight people killed while taking cover in a Home Depot during the 2011 Joplin, Mo., tornado contends in a wrongful death lawsuit that the building ...
S&P: Hedge Fund Reinsurers May Remain Niche Players
Hedge fund reinsurers may be helping to upend an industry that's already fiercely competitive between traditional players and other, alternative sources of capital. But they'll have to come closer to ...
Verisk Analytics CEO Stephenson: Driving Innovation Forward
How do you encourage employees to pursue innovation at your company? "The first thing is you have to make it safe for them," says Verisk Analytics President and CEO Scott Stephenson. "You just have ...