News
Forecasters Reaffirm Below-Average Atlantic Hurricane Season Outlook
Colorado State University (CSU) researchers continue to predict a below-average hurricane season for the Atlantic basin in 2014, citing exceptionally unfavorable hurricane formation conditions in the ...
Investment Gains Jolt Berkshire 2Q Earnings; P/C Earnings, Premiums Flat Overall
Net income for Berkshire-Hathaway soared nearly 41 percent to $6.4 billion in second-quarter 2014, with nearly $2.0 billion of investment gains lifting the total, while underwriting profits for ...
Listening to the Market: Insurance Products That Fit Today’s Customer Needs and Demands
Presented by Majesco
The case for innovative insurance products How many cell phones have you owned? Computers? Cars? Appliances? Televisions? Do you still...
Wildfires Force Evacuations in West Coast States
Wildfires burning through dry terrain in West Coast states have forced scores of evacuations as fire teams worked to corral the blazes. Lightning sparked dozens of fires in Northern California, ...
Fairfax Discloses Probe of CEO Watsa for Possible Insider Trading
Fairfax Financial Holdings Ltd. said Quebec's securities regulator is investigating Chief Executive Officer Prem Watsa and President Paul Rivett as part of a probe into possible insider trading. The ...
Death Toll in China Quake Near 400
Torrential rains slowed rescue efforts after a magnitude-6.5 earthquake killed at least 398 people in southwest China, as Premier Li Keqiang flew to the region to oversee the response to the ...
Who Pays? UCLA Sorting Out Pipe Break Claims; Cities Vulnerable
Hundreds of cars submerged below murky water. A landmark basketball court, newly refurbished, showing signs of buckling. Soaked and stained carpets. An athletic track coated in mud. Damage costs had ...
Hanover Insurance’s Q2 Profit Jumps 55% to $82.6M
The Hanover Insurance Group Inc. in Worcester, Mass. said Thursday its 2014 second quarter net profit rose to $82.6 million, a 54.7 percent increase from $53.4 million profit during last year's ...
GM Compensation Fund Opens; Hundreds of Claims Expected
Lawyers say several hundred claims are expected to be filed at the start of a GM-financed program, which launched Friday to compensate victims of a faulty ignition switch on some of its vehicles. ...