U.S.
MetLife Battle Against Too-Big-to-Fail Label Has Implications for AIG
A U.S. lawyer defending the government's decision to designate MetLife Inc. a potential threat to the economy was questioned sharply by a federal judge who was asked by the company to remove the ...
What P/C Insurance Industry Lobbyists Are Fighting for in 2016
Election year or not, P/C industry lobbyists are planning for a busy 2016 in Washington, D.C. The American Insurance Association and the National Association of Mutual Insurance Companies are among ...
CNA Lost $70M in Q4, Dragged Down by Life & Group Results
CNA Financial Corp. lost $70 million in its 2015 fourth quarter, an outcome shaped in part by declining investments and its Life & Group results. The Illinois-based property/casualty insurer ...
Executives On the Move at Endurance, Brit and Sompo Canopius
A Chubb executive jumps ship to Endurance Specialty Holdings. Specialty Insurer Brit Lt. names some to lead its new Singapore office. Canopius revamps, renames itself and makes some executive ...
U.S. to Google: Computers Can Qualify as Drivers Under the Law
U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning ...
P/C Net Income Soared in Much of 2015; Investments Remained a Struggle
Property/casualty insurers saw their net income and profitability soar during the first nine months of 2015, though the challenging investment environment reduced yields. Those findings are part of a ...
Report: AIG May Exit At Least 50 Percent of Hedge Fund Investments
American International Group Inc. plans to exit at least half the hedge funds in which the insurer is invested, according to people familiar with the company's portfolio. The insurer has holdings in ...
Cyber, Homegrown Terror Are Top U.S. Security Threats: Intelligence Official
Disruptions in cyberspace and attacks by "homegrown" terrorists are the most imminent security threats facing the United States in 2016, James Clapper, the top U.S. intelligence official, told two ...