U.S.
Insured Losses from May’s 76 Tornadoes Estimated at $2B-$5B: Eqecat
Tornadoes that struck the United States from May 18 to May 20 caused anywhere from $2 billion to $5 billion in insured losses, disaster modeling company Eqecat said. The firm said most of the losses ...
NOAA Forecast: Up to 6 Hurricanes This Season on Atlantic Coast
The government's weather center is forecasting that this year's Atlantic hurricane season that begins June 1 will be an active one, perhaps even extremely active, during its six months. Experts at ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
Insurers Oppose Pittsburgh Corning Bankruptcy Exit Plan
Insurers fighting Pittsburgh Corning Corp.'s reorganization have asked a judge to rescind her initial approval of the building-supply company's plan to exit bankruptcy. U.S. Bankruptcy Judge Judith ...
How to Manage Workaholics
Workaholics tend to live in extremes, with great job satisfaction and creativity on the one hand and high levels of frustration and exhaustion on the other hand. A new Florida State University study ...
‘Systemically Important’ AIG Hunts for Board Member with Regulatory Experience
American International Group Inc.'s board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, ...
Insurers, Banks See Trade Deals As Way to Weaken Dodd-Frank
U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis. While ...
Twitter Tweaks Security to Thwart Hackers After Media Company Hits
Twitter Inc. unveiled technology to boost security for its users, following a spate of attacks on accounts of prominent media outlets including the Associated Press, the Financial Times and The ...
London’s Parhelion Underwriting Is First to Insure California Carbon Credits
Parhelion Underwriting Ltd. became the first insurer to offer a policy to protect companies from the invalidation of carbon offset credits sold as part of California's cap-and-trade program. ...