U.S.
Ironshore Tries New $100M IPO Filing; A.M. Best Worries Over Corporate Parent
Ironshore Inc., the insurer purchased by Chinese conglomerate Fosun International Ltd. last year, filed for an initial public offering in the U.S. after a ratings firm cited concerns about the parent ...
Why Asian-Americans Could Be Ideal Insurance Customers
For an industry known to flood households nationwide with blaring messages of money saving techniques, the insurance category certainly feels comfortable loosening its own purse strings. Ponying up a ...
Hunting Lodges, Fishing Resorts Target of Allied World/Venture Insurance Plan
Allied World sees opportunity in writing coverage for hunting and fishing resorts, lodges and plantations. The Swiss insurer and reinsurer is partnering with Venture Insurance Programs on the new ...
JPMorgan Will Fork Over $200M to Resolve Asia Hiring Probes
JPMorgan Chase and Co is expected to pay about $200 million to settle criminal and civil probes over its Asian hiring practices, according to a person familiar with the matter. A settlement, which ...
Counts Reduced Against Group Charged in BP Oil Spill Fraud Case
A Texas lawyer and six co-defendants are now facing a reduced indictment of 73 charges, instead of 95, at federal trial on accusations that they faked more than 40,000 damage claims after the BP oil ...
The U.S. Accounted for Nearly Half of H1’s Global Insured Losses
Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion – their highest levels since 2011, according to Impact ...
The Latest Launches From BHSI, CNA, Everest, and Philadelphia Insurance Companies
Berkshire Hathaway Specialty Insurance debuted cyber liability coverage in Australia. Philadelphia Insurance Companies and UCPM will start offering storage tank pollution liability coverage. Both CNA ...
The Hartford is Rare Insurer to Protect Investments From Climate Change Risks: Analysis
Insurers manage a large chunk of the world's investment capital, but they're not acting fast enough to protect their investments from the adverse effects of climate change, the Asset Owners ...