U.S.
Concerned About Natural Disaster Exposure, A.M. Best Hits Nationwide With Negative Outlook
Nationwide's size and market presence may count against it in the short term, according to A.M. Best. The insurer has been saddled with a negative outlook issued by the ratings agency, in part, over ...
Warren Buffett’s Latest Investment: A U.S. Truck Stop Operator
Buffett's Berkshire Hathaway Inc on Tuesday deepened its commitment to the American economy, saying it bought a major stake in Pilot Flying J, the largest U.S. truck stop operator, and will become ...
AIG Hires Novae Veteran as New Reinsurance Head
American International Group brought on a former Novae group executive to lead its reinsurance and other divisions. Charles Fry joined the company as head of Reinsurance, Operations and ...
AIG Will Sell Medical Stop-Loss Operations to Tokio Marine HCC
Tokio Marine HCC plans to acquire the medical stop-loss operations of American International Group. Neither side is disclosing financial terms in the deal, which is expected to close on Oct. 15. But ...
Berlin’s Simplesurance Has Sights Set on U.S. With Cross-Selling Insurance Software and More
Based on the edge of Berlin's trendy Mitte district in bright, open offices, Simplesurance is yet another InsurTech startup seeking to transform insurance. It is also eyeing the U.S. for future ...
AIG Freed From Tighter Scrutiny Due to Business Changes: Fed Chair Yellen
Federal Reserve Chair Janet Yellen said freeing American International Group Inc. from the tight scrutiny tied to its too-big-to-fail label is an example of the process working properly -- proving ...
The Latest Launches From Willis Towers Watson, Beazley/Generali and RMS
Willis Towers Watson launched an active shooter/armed intruder readiness program for senior living communities. Beazley is partnering with Generali Brazil to manage data breaches for Generali's ...
SCOTUS Considers Right of Workers to Bring Class-Action Claims; Court Divided
Liberal U.S. Supreme Court justices on Monday defended the right of workers to bring class-action claims against companies but their conservative counterparts who are in the majority sounded ...