U.S.
Berkley Sees Both Brexit and Trump as Having Minimal Impact
There could be more political surprises coming after the U.S. election of Donald Trump and Britain's vote to exit from the European Union but one leading insurance executive isn't too worried. "I ...
German Vice Chancellor Balks at Brexit Pace
German Vice Chancellor Sigmar Gabriel said Brexit is taking "far too long" and maintaining the U.K.'s ties to the European Union won't be easy. Gabriel signaled concern that extended uncertainty ...
Zurich Gets Green Light to Renovate and Expand Its Swiss HQ
Zurich Insurance Group said it has gained approval to begin a massive renovation project for its Swiss headquarters, even as the insurer continues a broader, wide-ranging effort to cut costs. ...
Industry Associations Applaud Draft NFIP Reform Principles
Insurance industry associations are applauding the draft Principles for Flood Insurance Reauthorization and Reform issued by the House Financial Services Housing and Insurance Subcommittee. These ...
J&J Will Appeal $1B Verdict in Recent Artificial Hip Implant Trial
Johnson & Johnson will challenge the fairness of a trial that produced a verdict of $1 billion in damages against the company last week over allegations of design flaws in its Pinnacle hip ...
U.S. Regulators Are Missing Commercial Drone Safety Violations: Govt. Report
U.S. aviation regulators approved commercial drone applications so quickly in recent years that they missed safety violations and took few enforcement actions, a government watchdog report concluded. ...
Liberty Mutual’s Deal to Buy Ironshore Gets Favorable Rating Agency Responses
Liberty Mutual's recently-announced plans to buy Ironshore Inc. from Fosun International for $3 billion earned generally positive responses from A.M. Best, Standard & Poor's and Fitch Ratings. ...
Great American Insurance Chooses Gruber as New President and COO
Great American Insurance Group promoted a longtime executive to become its new president and chief operating officer. Gary Gruber will assume his new role with the Ohio-based company as of Jan. 1, ...