News
Liberty Suing Texas Brine over Louisiana Sinkhole
One of the insurers for Texas Brine Co. has filed a lawsuit accusing Texas Brine of ignoring warnings about the potential for disaster if it continued mining an Assumption Parish, La., salt dome ...
RSA Starts Irish Probe, Says Issues Probably Isolated to Unit
RSA Insurance Group Plc, which suspended three of the top executives at its Irish unit late last week, said it commissioned an independent investigation into issues the company expects will be ...
Thousands Feared Dead from Typhoon Haiyan; Tsunami-like Surge Levels Houses
One of the most powerful storms ever recorded may have killed at least 10,000 people in the central Philippines, a senior police official said on Sunday, with huge waves sweeping away coastal ...
Aspen Appoints Ann Haugh as Global CUO and COO
Aspen Insurance on Friday announced the appointment of Ann Haugh to the new position of global chief underwriting officer and chief operating officer, beginning Nov. 11. Haugh, who most recently was ...
Allianz Raises 2013 Earnings Goal as Quarterly Profit Climbs
Allianz SE, Europe's biggest insurer, increased its target for full-year operating profit after third-quarter earnings rose 6.3 percent, beating analysts' estimates. Net income advanced to 1.45 ...
Colorado’s Pinnacol Names Kalin President, CEO
Pinnacol Assurance's board of directors named Philip B. Kalin president and CEO of Pinnacol. Kalin was selected as a finalist for the position on Oct. 23. Kalin will begin his service at Pinnacol on ...
RMS: Super Typhoon Haiyan Could be Strongest-Ever Tropical Cyclone
Super Typhoon Haiyan has made landfall over the Philippines as a strong Category 5 storm and is likely to be the strongest tropical cyclone to make landfall on record anywhere in the world, RMS said ...
Typhoon Slams Into Philippines; Possible Insured Damage $2B
Super Typhoon Haiyan, this year's most powerful cyclone, slammed into the central Philippines, killing at least three people, cutting power and communication lines and knocking down trees. Two people ...