U.S.
Duperreault Speaks: Hamilton CEO on His New Joint Venture With AIG and Two Sigma
Brian Duperreault began his career at AIG more than 30 years ago and rose through the ranks before moving on to other things. That history arguably came in handy earlier this year, when the chairman ...
Auto Insurance Premiums Could Collapse as Driverless Cars Take Hold
The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in ...
Warren Buffett’s ‘Woodstock for Capitalists’ Will Debut Online Video Streaming
For years, most Berkshire Hathaway Inc. shareholders had to fly to Omaha, Nebraska, pay jacked-up hotel rates and line up early on a Saturday to hear Warren Buffett at the company's annual meetings. ...
AIG, Hamilton, Two Sigma Target Small Commercial Enterprise Market with New Joint Venture
American International Group, Inc., Hamilton Insurance Group, Ltd., and affiliates of Two Sigma Investments, LP plan to jointly develop and launch a technology-enabled, customer-centric insurance ...
ACE/Chubb Merger Makes it a Major U.S. P/C Player: Fitch
The massive $29.5 billion ACE/Chubb merger in 2015 vaulted the combined company to seventh place in the U.S. property/casualty insurance market. But the remaining top 10 rankings saw few other ...
Colorado State Forecasts 12 Named Storms for the 2016 Atlantic Hurricane Season
The coming Atlantic hurricane season should produce a near-average 12 named storms before it ends in November, according to Phil Klotzbach, lead author of the pioneering Colorado State University ...
Fallout from the Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. ...
Cyber Hacking Risks Discovered in U.S. Army’s $12M Mobile Network
A $12 billion mobile Internet network that the U.S. Army is using in Iraq, Afghanistan and Africa has significant cyber security vulnerabilities that were found in combat testing. After a review ...