News
Chairman Becker Sees Bright Future for QBE; Not Quitting U.S. Programs
On his second day as chairman of QBE, Marty Becker told shareholders gathered at the group's annual meeting that a focus on "earnings stability and predictability" will guide the board in its ...
A.M. Best Boosts RSUI to A+; Moves Alleghany, TranRe Outlooks to Positive
Rating agency A.M. Best announced Wednesday that it upgraded the financial strength ratings (FSR) of members of RSUI Group to "A+" (Superior), citing continued strong capitalization, excellent ...
P/C Insurers Looking to Compete Must Learn to Embrace the Cloud
Property/casualty insurance companies have a reputation for being risk-averse. That certainly has been the case when it comes to cloud computing. While other industries have more readily embraced the ...
Pitfalls of Boosting Self-Esteem with ‘Empty Praise’ in Workplace
Reality TV has a way of highlighting the worst in people, even when they genuinely think they're doing their best. American Idol is just one example, in which contestants who can't carry a tune are ...
Low Insured Losses Expected for Chile Earthquake: AIR
Catastrophe modeling firm AIR Worldwide does not expect significant insured losses from the magnitude 8.2 earthquake that struck off the coast of Chile on Tuesday because the region is relatively ...
Guy Carpenter Hires Direct Re Team as Brokers From Endurance
Guy Carpenter & Co. LLC, a global risk and reinsurance specialist and member of Marsh & McLennan Cos., on Wednesday announced that it has hired the Kansas City-based Direct Reinsurance team ...
Chevron Can Bring Fraud Claims Against Patton Boggs, NY Judge Rules
A New York judge has allowed Chevron Corp to sue Patton Boggs over claims that the Washington law and lobbying firm engaged in fraud while trying to enforce a multibillion-dollar environmental ...
TWIA Sued Over Post-Hurricane Ike Policyholder Costs
A Corpus Christi man is suing the Texas Windstorm Insurance Association (TWIA) for hundreds of millions of dollars because he says it improperly passed on costs to policyholders like him after ...