U.S.
Asteroids Pose Serious Threat But Should Be Manageable
On Feb. 15, a 13,000-ton rock plunged through the skies above Chelyabinsk, Russia. It shone 30 times brighter than the sun, and hurtled at 42,000 miles per hour toward a city of more than a million ...
Progressive Insurance Chairman, Former CEO, Philanthropist Lewis Dies
Progressive Corp. Chairman Peter B. Lewis, the billionaire who turned a company founded by his father into one of the largest U.S. auto insurers, has died. He was 80. Lewis died Saturday at his home ...
Harleysville President Browne to Retire in May; Toth to Succeed As Senior Executive
Nationwide Mutual Insurance Co. announced that Michael Browne, president and chief operating officer of the Harleysville Insurance, a member of the Nationwide family of companies, will retire ...
Wildfire Risk Seen as High or Extreme at 4.5 Million U.S. Homes
More than 4.5 million U.S. homes are at high or extreme risk from wildfires, led by properties in California, according to Verisk Analytics Inc., the supplier of actuarial data to insurers and banks. ...
National Standards Urged for U.S. Tornado Protection
National standards should be set for building construction, storm shelters and emergency communications to reduce death and damage from tornadoes, a federal agency that studied the deadly 2011 ...
Efforts to Delay Flood Insurance Rate Hikes Floundering
Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill. The leaders of the House Financial Services Committee say ...Markel Authorizes Repurchase of $300 Million of Insurer’s Stock
Markel Corp., the insurer that bought Alterra Capital Holdings Ltd., authorized the repurchase of up to $300 million of its shares. The insurer replaced a 2010 buyback program under which about $101 ...
Google’s Schmidt: Insurance About to ‘Explode’ With Uses for Big Data
Google Inc. Executive Chairman Eric Schmidt said new technologies that help companies analyze vast amounts of digital information have the power to bring change to the insurance, health-care and ...