U.S.
Cloud Computing Is Becoming a Pricy Business Interruption Risk: Hartford Steam Boiler
Cloud computing is shaping up to be a pricy and challenging business interruption risk, according to a new survey from Munich Re/Hartford Steam Boiler. According to the 2018 HSB survey, 34 percent of ...
Liberty Mutual Establishes New U.S. Distribution Model
Liberty Mutual said it is establishing a new distribution model for its U.S. commercial and specialty insurance products, with a goal of improving broker access to the offerings. To accomplish this, ...
Nationwide Plans to Slash More Than 1,000 Jobs
Nationwide intends to eliminate the jobs of about 1,100 employees across the country _ around 3.6 percent of its workforce. The insurance and financial services company says about 80 workers in Des ...
U.S. Firms Face High CEO Turnover Due to Poor Succession Planning
About 1 of every 8 chief executive officers at the biggest publicly traded U.S. firms leave within three years. Better succession planning could improve longevity and save shareholders billions of ...
J&J Talc Cancer Retrial in South Carolina Fails to Reach Verdict
A second South Carolina jury on Thursday failed to reach a verdict in the retrial of a case by a woman whose family said her long-term use of Johnson & Johnson's baby powder led to her death from ...
The Latest Launches From Starr and ISO
Starr Insurance Companies is linking up with security firm Rapid7 to provide cyber loss prevention services to some of its customers. ISO came out with a management liability insurance program ...
Maiden Holdings’ A.M. Best Financial Strength Rating Dips Below ‘A’
Maiden Holdings is dealing with some A.M. Best ratings downgrades due to concerns about its operating performance. The ratings agency downgraded the long-term issuer credit rating to "bb" from "bb-" ...
CNA’s Commercial Lines Improvements Win Outlook Upgrade From S&P
CNA Group gained an outlook upgrade from Standard & Poor's based on improvement of its commercial lines business. S&P Global Ratings revised its outlook for CNA to positive from stable. As ...