News
Insurance Media CEO, an Ex-Cop, Pulls Man From Burning Wreck
There may be no such thing as a retired cop; it's more like they are "off duty." It's a mindset that many former police officers and emergency response professionals seem to share. After spending 16 ...
Still Unprofitable Insurer NMI Holdings Seeks to File IPO
NMI Holdings Inc., the mortgage guarantor backed by Kyle Bass, Carlyle Group LP and BlueMountain Capital Management LLC, is seeking to be the first U.S. insurer since 2009 to file an initial public ...
Fla. Hurricane Fund Still Strong at End of Season
Florida is ending this year's storm season with some good news. The state-created fund that backs up private insurers in Florida remains in the best financial shape it has been in since it was ...
Pirate Attacks by Heavily Armed Gangs Surge off Nigerian Coast
Pirate attacks off Nigeria's coast have jumped by a third this year with ships passing through West Africa's Gulf of Guinea, a major commodities hub, increasingly under threat from gangs wanting to ...
BancInsure Back in Business with New Owner, Targeting Non-Financial Customers
Oklahoma City-based BancInsure, a former provider of insurance to community banks that lost surplus as a result of the financial crisis, has re-entered the marketplace with a new strategy focusing on ...
Economists Say Washington Fiscal Politics Hurts Economic, Jobs Growth: Reuters Survey
U.S. economic growth this quarter is likely to be less robust than forecast last month given the erosion of confidence in the wake of the nasty fight over fiscal policy, a Reuters survey showed on ...
Geithner Nixes Greenberg Lawyer’s Request for Draft of Book on AIG Bailout
Former Treasury Secretary Timothy Geithner joined the Federal Reserve Bank of New York in declining to give drafts of a book he's writing to Maurice "Hank" Greenberg for a lawsuit challenging the ...
What Lured Aon, Noble and Others to Move Headquarters to London
The Swiss town of Baar boasts clean air, easy access to ski slopes and some of Europe's lowest personal taxes. London? Traffic and perpetual drizzle. Yet executives at Noble Corp., a provider of ...