U.S.
Flood Insurance Reform Among Many Bipartisan Issues on House Finance Chair Waters’ Agenda
As Maxine Waters takes the gavel of the powerful House Financial Services Committee, it's not clear whom she'll end up disappointing more: business-friendly Democrats or progressive Democrats. ...
Insurance Hall of Fame Inducts AXIS Capital’s Chairman
AXIS Capital Holdings Ltd. said its chairman has been inducted into the International Insurance Society Insurance Hall of Fame. Michael Butt has also been named the 2019 Insurance Hall of Fame ...
Weather Channel Sued by L.A. Over Allegations It Misused Consumer Location Data
The city of Los Angeles is suing International Business Machines Corp.'s Weather Channel unit, accusing the company of misleading consumers about how their location data was being used. In a ...
Marriott Now Says Fewer Than 383 Million Customers Hit by Massive Hack Attack
Marriott International Inc said on Friday that fewer than 383 million customer records were stolen in a massive cyber attack disclosed last month, down from its initial estimate that up to 500 ...
Nationwide Acquires Program Manager E-Risk Services, With an Eye on E&S Expansion
Nationwide said it has acquired E-Risk Services LLC, a privately held program manager specializing in management lines products. Neither side is disclosing financial specifics of the deal, which ...
Berkshire Hathaway Shares Keep Falling Despite Buybacks
Warren Buffett's revamped stock-repurchase policy can't seem to keep Berkshire Hathaway Inc. from falling. Berkshire's stock fell the most in 11 months on Thursday as some of its biggest equity ...
Berkley Hires Former Chubb Exec in Series of Executive Changes
W.R. Berkley Corp. hired on a former Chubb executive as part of a series of executive changes and promotions, both in the main company and in a key business unit. The insurer said it appointed Philip ...
U.S. Newspapers Struck by Cyber Attack Turned to ‘Workaround Systems’
Tribune Publishing Co used "workaround systems" to help print major U.S. newspapers including the Los Angeles Times on Sunday and Monday as the company recovers from a cyber attack, a source familiar ...