News
Arch Shakes Up Exec Roster to Back Expansion Plans
Arch Capital Group Ltd. has taken steps over the last year to grow its mortgage insurance and reinsurance business, and has shaken up its executive roster in order to accommodate the expansion. Among ...
Painkiller Prescribing by State: Highest in South; Florida Reverses Trend: CDC
Health care providers wrote 259 million prescriptions for opioid painkillers in 2012, and providers in some states prescribed far more painkillers than those in other states, according to Vital ...
Okinawa At Risk as Super Typhoon Neoguri Nears Japan
High winds, crashing waves and a dangerous storm surge may strike Okinawa, including its capital Naha, as Super Typhoon Neoguri nears Japan. Neoguri carried maximum sustained winds of about 150 miles ...
Non-Life Cat Bond Volumes Hit Q2 Record: Willis Capital Markets
The non-life catastrophe bond market issued record volumes during the second quarter, Willis Capital Markets & Advisory (WCMA) said, adding that it expects full-year issuance to be between $8 ...
At Least 5 Die in Quake That Struck Mexico and Guatemala
An early morning earthquake centered in southern Mexico killed at least five people, damaging homes and blocking some roads in neighboring Guatemala. A 6.9 magnitude earthquake struck along the ...
ACE Buying Itaú Seguros for $685M to Become Top P/C Insurer in Brazil
ACE Limited announced Friday that it will acquire the large corporate property/casualty business of Itaú Seguros, S.A. from Itaú Unibanco S.A. for roughly $685 million—a deal that will make ACE ...
Computers Writing Earnings Reports
Unless you follow me on Twitter (@SSCLAF or @CarrierMgmt), you probably missed what I viewed as one of the recent highlights of the IICF Women in Insurance Regional Forum. There was lots of good ...
Google vs. the Media: Backlash Comes As Search Links Disappear
Google's removal of search results in Europe is drawing accusations of press censorship, as stories from some of the continent's most prominent news outlets begin vanishing. The U.S. internet giant ...