U.S.
Travelers CEO Fishman Bullish On Results, Promises ‘Selective’ M&A
The Travelers Cos. may have made a bold move in 2013 when it snatched up Dominion of Canada General Insurance. But the property/casualty insurance giant will be extremely selective about future ...
Mortgage Insurer MGIC Rallies As U.S. Housing Market Improves
Mortgage insurer MGIC Investment Corp posted its highest quarterly profit since 2007 as fewer homeowners defaulted on their payments in an improving U.S. housing market, sending the company's shares ...
U.S. Wildfires Get Bigger, More Frequent; Climate Change May Continue Trends
Wildfires across the western United States have been getting bigger and more frequent over the last 30 years—a trend that could continue as climate change causes temperatures to rise and drought to ...
Report: For U.S. P/C Companies, 2013 Produced The Best Returns In Years
For 2013, U.S. property/casualty insurers enjoyed strong gains in underwriting results, net investment and written and earned premiums, thanks in part to a relatively light hurricane season. The year ...
Livestock Producers Targeted By New U.S. Farm Law Insurance Plan
A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar ...
Forecasters to Issue Special Maps, Warnings on Storm Surge
Forecasters at the National Hurricane Center hope new color-coded maps they're trying out this year will simplify two important points about storm surge for coastal residents: how far from the beach ...
Private Market Can’t Reach TRIA Levels of Terror Cover: Govt. Report
Those who back renewing the Terrorism Risk Insurance Act, or TRIA, got shot in the arm on April 17 from federal regulators who have concluded that the private market can't provide reinsurance for ...
Loyalty No Longer Rewarded as Airlines Cut Free Upgrades for Frequent Flyers
For business flyers like Adam Kubryk, who is on the road about 200 days a year, one of the perks of flying often and using the same airline regularly is getting upgraded from coach to business class ...