U.S.
A Working National Flood Insurance Bill by Fall? It’s Possible
The 2016 election season won't hamper ongoing work on renewing and reforming the U.S. government's struggling National Flood Insurance Program well before it expires in September 2017, a leading ...
Relaxed Cuba Travel Restrictions Increase Demand for Insurance
More Americans are expected to head to Cuba thanks to relaxed travel restrictions, and those travelers are going to need insurance to meet the country's entry requirements, says travel insurance ...
PartnerRe’s $6.9B Sale to EXOR Closes; Fitch Responds with Ratings Downgrade
PartnerRe's new owner EXOR has closed its $6.9 billion acquisition of the Bermuda-based reinsurer, and Fitch Ratings quickly responded with a ratings downgrade that reflects some pessimism over the ...
VW Reportedly May Establish Two Funds to Address Emissions Scandal
Volkswagen AG is in talks with U.S. authorities to establish a national remediation fund and a separate one for California as punishment for pollution from its cars after the automaker cheated on ...
P/C Industry Groups Wary, Cautious Watching the 2016 Presidential Campaign Unfold
Property/casualty insurance lobbyists are watching the volatile 2016 U.S. presidential campaign unfold with both wariness and cautious optimism, unsure of what the future will bring with the likes of ...
Efforts to Shake G-SII Tags May be Futile: S&P
Global insurers that have been tagged as systemically important by the Financial Stability Board may not help their cause by breaking up lines of business in efforts to de-designate themselves, ...
Motorist Behavior Needs More Study, PCI Says
In a statement praising automakers for committing to standardize automatic emergency braking by 2022, an executive from the Property Casualty Insurers Association of America urged more focus on ...
Insurance Discounts Ahead as U.S. Automakers Promise Crash-Avoidance Braking by 2022
The chief U.S. auto safety regulator defended a voluntary agreement with carmakers to add automatic braking systems, saying that making the change mandatory would take too much time. Under the terms ...