News
Analysis: Why Bankrupt W.R. Grace Is Thriving
A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co and its surging sales to ...
Survey: Nonprofits Unprepared, Underinsured Against Risks
Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
It’s Not About AIG, Says Berkshire’s Peter Eastwood
When a veteran of CNA joined Berkshire Hathaway Specialty Insurance to lead the new venture's professional liability division last week, the news did not receive the press that the followed the first ...
Deadly Oklahoma Tornado Widest on Record, Rare EF5
The deadly tornado that struck near Oklahoma City at the end of May had a record-breaking width of 2.6 miles and was the second top-of-the-scale EF5 twister to hit the area in less than two weeks, ...
Fouché Leaves Fireman’s Fund For Pru: Torrance Is New Fireman’s Fund CEO
In separate announcements, Prudential Financial and Fireman's Fund Insurance Company reported on Monday that Lori Dickerson Fouché has left her position as Fireman's Fund's president and chief ...
EU Allows Exchange Information Exchange With U.S. on Audit Probes
Audit regulators in the European Union won EU approval to swap information with their U.S. counterparts in a step that makes it easier for watchdogs to probe potential malpractice. The U.S. Public ...Russia Sets Back UN Global Warming Talks 6 Months
The United Nations global warming talks have been set back by six months after Russia and its allies blocked progress at a group charged with implementing decisions of the 190 nations involved in the ...
‘Great Rotation’ From Bonds Into Equities May Have Begun
Just as a month-long stock market rout seems to have further trashed the concept of a "Great Rotation" from bonds into equities, evidence is emerging that institutional investors may have already ...