U.S.
El Nino’s Calm Winds Harming U.S. Wind Power Producers
Calm winds are hurting U.S. wind power producers. Unusually still weather in the upper Midwest and Great Plains in late 2018 has already taken a bite out of earnings at NextEra Energy Inc. and ...
China’s Ping An Insurance Reportedly Planning Massive IPO for Fintech Unit
Ping An Insurance (Group) Co., China's largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about ...
IAALS Unveils New Protocols for First-Party Insurance Disaster Claims
A national legal group has developed new, streamlined protocols designed to promote a more efficient exchange of information in first-party insurance claims cases stemming from man-made and natural ...
Buffett’s Berkshire Hathaway Reportedly Negotiating to Sell Workers Comp Unit
Warren Buffett's Berkshire Hathaway Inc is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium of insurance firms, people familiar with the matter said ...
J&J Now Stands Alone in Fighting Off Talc Lawsuits
Johnson & Johnson now finds itself alone in fighting the claims of a dying California woman and thousands of people like her who allege that the company's iconic baby powder contained asbestos ...
Two Former Markel CATCo Execs Sue, Alleging Bogus Firing Reasons to Avoid Paying Bonuses
Two fired executives of Markel's Bermuda reinsurance operations are suing Markel, claiming the company created a false narrative alleging they violated corporate policy by having a personal ...
Ex-Gen Re Exec Englesbe Signs on With Arch Capital Group as Chief Risk Officer
A former Gen Re executive will join Arch Capital Group Ltd. as its new chief risk officer. Janice Englesbe will also have the title of senior vice president and was to begin in her new role on Feb. ...
The Latest Launches From Hippo, Assurant and More
Hippo Insurance is linking with Neptune Flood to provide quick flood insurance as part of the home insurance buying process. Home telematics maker Roost partnered with a Montana-based insurer to ...