U.S.
W.R Berkley’s Q4 Produced Both Higher Investment Income and Cat Losses
W.R. Berkley's 2016 fourth quarter was a productive one despite higher catastrophe losses, with soaring investment income and a steady increase in premiums. The insurer reported nearly $153 million ...
Uber, Daimler Link Up in Partnership for Self-Driving Vehicles
Daimler AG, the manufacturer of Mercedes-Benz, has struck an agreement with Uber Technologies Inc. to include the German company's self-driving vehicles on its ride-hailing network in the "coming ...
S&P Downgrades Certain AIG Ratings; Stable Outlook Maintained
American International Group's anticipated reserve charge has attracted the attention of Standard & Poor's, which has downgraded certain ratings in light of the disclosure. S&P said it ...
Liberty Mutual’s Safeco Appoints Asher as President; Will Focus on Innovation, Analytics
Liberty Mutual's Safeco Insurance appointed a new president,an insider who has focused on analytics and other innovations. Tyler Asher takes over Safeco after nearly 18 years with the insurer in ...
Ex-EPA Transition Head: U.S. Will Change Course on Climate Policy
The United States will switch course on climate change and pull out of a global pact to cut emissions, said Myron Ebell, who headed U.S. President Donald Trump's Environmental Protection Agency (EPA) ...
IICF Will Honor Wells’ Media Chief, Grant $400K to Nonprofits at Los Angeles Gala
Hundreds of insurance professionals and representatives from local nonprofits will convene on March 16 for the Insurance Industry Charitable Foundation's annual Horizon Award Gala at the Natural ...
Validus to Pay $127.5M for Archer Daniels Midland’s Crop Risk Biz
Validus Holdings Ltd. will buy up Archer Daniels Midland Company's Crop Risk Services business for $127.5 million in cash. Plans call for using cash on hand to fund the deal. Validus said it expects ...
Allstate Readies Black History Month Ad Campaign; Nationwide Renews NFL Sponsorship
Allstate Insurance said it is gearing up for its annual Black History Month advertising campaign, an annual digital, social and radio effort known as "Worth Telling." This year, Allstate plans to ...