News
Two Years On: How Nuclear Sells Itself Post-Fukushima
Two years after the catastrophe at Japan's Fukushima plant, sellers of atomic reactors woo potential buyers with the promise that lessons learned from one of the world's worst nuclear disasters make ...
Obama’s Energy, EPA Chiefs Say Climate Plan Won’t Kill Coal
New rules limiting emissions from U.S. power plants that are expected to be proposed on Friday will "provide certainty" to the coal industry, environment and energy chiefs told lawmakers anxious ...
Germany’s Ergo Expects Asia, Eastern Europe Premium Growth
Munich Re's insurance unit, Ergo Versicherungsgruppe, plans to increase international premiums by more than a fifth over the next five years on sales in Asia and eastern Europe. "We aim to increase ...
PartnerRe Says German Hail Impact to Exceed $50M
PartnerRe Ltd. announced estimates of its cost for the German hailstorms that occurred in the last week of July 2013, putting the losses at between $50 million and $60 million pre-tax. The range of ...
AmTrust Financial Services, Inc. Buying California Surety Writer For $85M
AmTrust Financial Services, Inc. announced Wednesday that it entered into a definitive agreement to acquire The Insco Dico Group for approximately $85 million, or $7.0 million above its tangible book ...
World Trade Center Developer’s Insurance Recoupment Suit Dismissed
Real estate developer Larry Silverstein can't recoup any of the $1.2 billion recovered by World Trade Center insurers in settlements with airlines and airport security companies over the Sept. 11, ...
Concerns About Fracking Fluids Emerge in Flood-Struck Colorado
Contaminated water spilling from flooded oil and gas drilling sites in Colorado is refocusing attention on the environmental risks surrounding America's fracking boom. Floods that have devastated ...
NAMIC Opposes Efforts to Delay Flood Insurance Reforms
The National Association of Mutual Insurance Companies on Wednesday released a statement urging Congress to resist efforts to delay the reforms adopted under the Biggert-Waters Flood Insurance Reform ...