U.S.
Apple, Cisco Jointly Pursue Cyber Insurance Discounts for Their Business Clients
Apple Inc is working with Cisco Systems Inc to help businesses that primarily use gear from both companies to get a discount on cyber-security insurance premiums, Apple Chief Executive Officer Tim ...
Industry’s First-Quarter 2017 Net Income Down 42.2 Percent
The U.S. property/casualty industry saw net income after taxes plummet 42.2 percent to $7.7 billion in first-quarter 2017 from $13.4 billion for the same period in 2016—the lowest net income since ...
XL Catlin, The McGowan Companies Seal Workplace Violence Insurance Marketing deal
XL Catlin and The McGowan Companies have an exclusive underwriting agreement to start marketing workplace violence insurance to U.S. businesses. The arrangement calls for The McGowan Companies, a ...
Tiny Cameras, Sensors Help Reduce Risks in Cars With Automated Driving Tasks
Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors and audible alerts to ensure drivers pay attention when using advanced driver assistance systems, like ...
The Hartford Is Transferring $1.6B in Pension Liabilities to Prudential
The Hartford said it will transfer $1.6 billion of its pension liabilities to Prudential Financial, affecting current and future benefits for about 16,000 former employees. Plans call for having the ...
Five More Flood Insurance Revamp Proposals Advance in House Committee
The House Financial Services Committee advanced five flood insurance proposals on Wednesday, adding to the two bills it passed last week. The House measures seek to reform and reauthorize the ...
Executives On The Move at XL Catlin, JLT Re and Everest Re
XL Catlin promoted an executive on its E&S team. JLT Re named a new partner for its Bermuda operation. Everest Re Group hired a former Hiscox executive to be its vice president and head of the ...
AIG, MassMutual Take on $1.6B in Accenture Pension Obligations
Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The ...