News
ACE Private Risk Services Makes Key Executive Appointments
ACE Group's high-net-worth personal lines insurance business, ACE Private Risk Services, has named Clyde Douglas as senior vice president of Claims and Eileen Castolene as vice president of ...
Few Bad Weather Events = Strong P/C Q3: KBW
Most property/casualty insurers and reinsurers will likely have strong 2014 third-quarter results, thanks to the absence of major hurricanes and below-average catastrophe losses, analysts at Keefe, ...
The CNBC Halftime Report is the place for market-moving interviews and fast-paced market analysis. It places investors right at the...
Prop. 103 vs. Self-Driving Cars Revving Up in California
Way back in 1988 it probably seemed like the idea of self-driving vehicles was about as far off as flying cars or hovercraft. That was the year California voters enacted Proposition 103, giving an ...
Swiss Re’s Chief Economist Analyzes a Difficult Reinsurance Market
Over the past 13 years, Swiss Re's Chief Economist Kurt Karl has been through a succession of reinsurance market ups and downs, but he says the current situation is somewhat new and requires special ...Berkshire Specialty Hires AIG’s O’Neill to Enter Crime Insurance Segment
Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O'Neill to lead the effort. O'Neill joins BHSI with 30 years of fidelity ...
Benmosche Unimpressed with Berkshire Specialty’s Recruits from AIG
Robert Benmosche, who led American International Group Inc. for half a decade, said an emerging challenge from Warren Buffett's Berkshire Hathaway Inc. hasn't amounted to much so far. Buffett's firm ...
Nursing Home Trial Challenges Liability Transfers to Shell Companies
Juanita Jackson died in July 2003, five weeks after she was removed from a Florida nursing home where her family said continual neglect led to multiple bedsores, malnutrition and a fall that injured ...
Deere Weighing Possible Sale of Crop Insurance Biz
Deere & Co., the world's largest maker of agricultural equipment, hired Citigroup Inc. to look at strategic options for its crop insurance unit as it sells assets to focus on core businesses such ...