News
Reardon is Hamilton Re CEO
Kathleen Reardon has been promoted to the position of Chief Executive Officer of Hamilton Re, Hamilton Insurance Group's Bermuda-based Class 4 property/casualty reinsurer, according to a group ...
State Farm Suspends Involvement With Clippers After Racist Comments
Virgin America Inc. and CarMax Inc. ended their sponsorships with the Los Angeles Clippers, while State Farm Mutual Automobile Insurance and Kia Motors Corp. suspended their involvement with the team ...
Buffett Says His Berkshire Successor Should Get Stock Options
Warren Buffett, the second-richest man in the U.S., said his eventual successor as chief executive officer of Berkshire Hathaway Inc. should be the company's sole manager getting stock options as ...
Wolters Kluwer Joins AAISalliance
Wolters Kluwer Financial Services, a global firm that provides a wide range of information services to insurers and financial institutions, has become the fifth vendor participating in the ...
Tornadoes Wreak Havoc In Several States, Causing Fatalities
At least 19 people were reported killed in an early tally in the wake of dozens of tornadoes that tore across 7 states on April 27 in the south-central United States. The storms also injured dozens ...
Hiscox Boosts Terrorism Risk Coverage Capacity
Specialist insurer Hiscox will drastically boost its capacity to handle U.S. domiciled terrorism risk coverage, even as Congress continues to debate renewing the Terrorism Risk Insurance Act. ...
For CNA, Bad Weather and Division Sale Hamper Q1 Numbers
The biggest hit to CNA's 2014 first-quarter net income comes from short-term costs relating to the planned sale of its Continental Assurance Co. life and group insurance business to Wilton Re ...Hartford Unloads Japan Operations for $895M
Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer's focus. Orix will pay about $895 million for ...