U.S.
The Schinnerer Group Will Rebrand as Victor
The Schinnerer Group is rebranding as Victor, and most of the company's individual global businesses will take on the new name. Schinnerer businesses that will rebrand as Victor over the next year ...
Weinstein Co. Will Face Sexual Harassment Suit, Judge Rules
Weinstein Co. must return to New York court to face a lawsuit by women who say the firm is responsible for alleged sexual misconduct by founder Harvey Weinstein, a federal judge ruled. The bankrupt ...
AmTrust Postpones Shareholder Vote on Going Private; Contested Plan Lacks Shareholder Support
Lacking enough shareholder votes for approval, AmTrust Financial Services Inc. has postponed until June 21, 2018, the special meeting on a plan to take the insurer private. The meeting was originally ...
Most Commercial Lines Premiums Kept Up Steady Increase in May: IVANS
Renewal premiums for most standard commercial lines products continued rising in May, according to the latest IVANS Index. Commercial auto and umbrella were two exceptions, as they grew at a lower ...
Tax Law Snafu Could Ding Sexual Harassment, Other Claims
Republicans are considering a fix to a provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. But congressional gridlock ...
P/C Insurers, Reinsurers Face Earnings Volatility Due to New Accounting Requirement: Fitch Ratings
Many insurers and reinsurers are facing some earnings volatility in 2018 due to a change in accounting requirements for equity securities, Fitch Ratings said in new market commentary. According to ...
Swiss Re Promotes Ningen to Lead Swiss Re Canada
Monica Ningen has been appointed president and chief executive officer of Swiss Re Canada and English Caribbean. Ningen succeeds Veronica Scotti, who has been named chairperson for Global ...
Insurers Limit Cyber Coverage for Energy Companies, Leaving Taxpayers, Customers at Risk
Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for ...