U.S.
AmTrust Financial Services Will Pursue $162 Million Offering
AmTrust Financial Services Inc. is selling $162 million of stock after striking deals this week to buy an insurance brokerage and a company that protects customers against losses on consumer ...
FHA Mortgage Insurance Premiums Reportedly Set For Reduction
As part of an effort to expand homeownership among entry-level buyers, President Barack Obama will announce a cut in Federal Housing Administration mortgage-insurance premiums during a speech in ...
TRIA Renewal Effort Begins Again With Republican-Led Congress
Twenty-eight trade groups representing the property/casualty industry and other businesses around the country are urging the U.S. House of Representatives to back a bill that would renew the ...
Ebix Settles IRS Audit Pertaining to Past Acquisitions
Ebix said it has resolved an IRS audit regarding five years of tax returns, and will take a hit on 2014 fourth quarter net income as a result. The Georgia company, which offers software and ...
Sony CEO Lauded Employees and Others For Fighting ‘Extortionist’ Hackers
Sony Corp Chief Executive Officer Kazuo Hirai on Monday praised employees and partners of the company's Hollywood movie studio for standing up to "extortionist efforts" of hackers who attacked Sony ...
Self-Driving Car or Mobile Living Room?
Germany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled Monday evening at the annual Consumer Electronics Show in ...Who Signed the TRIA Letter?
The trade groups signing a Jan. 6 letter to the House of Representatives urging a YES vote on the TRIA reauthorization bill are: American Association of Managing General Agents (AAMGA) American ...
The Hartford CEO Christopher Swift Adds ‘Chairman’ to His Title
Christopher Swift is now chairman of The Hartford Financial Services Group as well as its CEO. Swift became CEO in July and replaced Liam McGee, who stepped down from his position so he could focus ...