News
Iron-Starr Forms Underwriting Alliance With Hamilton Re
Ironshore Inc. has announced the addition of Hamilton Re as a subscribing insurer to the Iron-Starr Excess Agency Ltd. Iron-Starr currently underwrites on behalf of Ironshore Insurance Ltd. and Starr ...
Bipartisan Bill Seeks to End Secrecy of ‘Too Big to Fail’ Panel
Democratic and Republican lawmakers are cooperating on legislation that would lift some of the secrecy around the U.S. council that decides which companies pose the biggest risks to the financial ...
Fed Chair Yellen Worried About Stretched U.S. Equity Valuations
The Federal Reserve on Tuesday voiced concern about stretched valuations in certain corners of the U.S. markets, including small cap, biotechnology and social media stocks, as well as the leveraged ...
European Banks Seen Selling $795B of Property Assets
European banks and asset managers plan to sell or restructure 584 billion euros ($795 billion) of riskier real estate as they try to clean up their balance sheets, Cushman & Wakefield Inc. said. ...
AIR Worldwide Ups Cat Modeling Competition With Touchstone 2.0
Eighteen months after AIR Worldwide launched its Touchstone catastrophe modeling platform, the Boston company is rolling out version 2.0. Touchstone 2.0 includes a number of tweaks and advances to ...
S&P: Bond Insurers Ready for Puerto Rico Corporate Debt Crisis
For now, two major bond insurers appear more than able to handle credit deterioration of Puerto Rico's public corporations and new legislation that will let some of the companies restructure their ...
Google Glass: An Insurer’s Secret Weapon?
In just a few years, adjusters may no longer be saddled with multiple devices for appraising damage, according to a recent industry white paper. Instead, one device alone will serve as a camera, tape ...
How Big is the Shale Boom? Estimates Confound Forecasters
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, most analysts agree. When that happens and by how much, ...