U.S.
Chubb Eyes Biorenewable and Industrial Biotech Opportunities
The Chubb Group of Insurance Companies is rolling out new insurance products and risk-management programs for both biorenewable and industrial biotechnology outfits. New Jersey-based Chub defines ...
Nearly 2,000 U.S. Flights Disrupted by Disgruntled Worker Setting a Fire
A fire that police said was started by a contractor at a Chicago area air-traffic center grounded about 1,800 flights across the U.S., disrupting major routes run by Southwest Airlines Co., American ...
Six Movie and TV Companies Win Drone Use Approval
U.S. aviation regulators loosened restrictions on the commercial use of drones on Thursday, granting six television and movie production companies permission to use the small, remotely piloted ...
P/C Mutuals Worry Over Technology, Regulation and Capital: Conning
Property/casualty mutual insurance companies, facing stiff competition from their stock insurer rivals, are wary about the onslaught of technology, regulation and new sources of capital, Conning, ...
NAMIC: TRIA Renewal Will Likely Come Down to the Wire
The Terrorism Risk Insurance act, or TRIA, expires on Dec. 31, 2014, unless Congress passes renewal legislation. At least one industry lobbyist predicts this will happen, but almost at the last ...
Travelers Adds ACA Coverages to Management Liability Portfolio
Citing recent survey results that show widespread unfamiliarity among U.S. businesses with requirements of the Patient Protection and Affordable Care Act (PPACA), Travelers has announced the addition ...Berkshire Specialty Hires AIG’s O’Neill to Enter Crime Insurance Segment
Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O'Neill to lead the effort. O'Neill joins BHSI with 30 years of fidelity ...
Benmosche Unimpressed with Berkshire Specialty’s Recruits from AIG
Robert Benmosche, who led American International Group Inc. for half a decade, said an emerging challenge from Warren Buffett's Berkshire Hathaway Inc. hasn't amounted to much so far. Buffett's firm ...