U.S.
Californians Urged to Buy Flood Insurance Ahead of El Niño
Federal emergency officials are urging Californians to buy flood insurance—even those who don't live near creeks or rivers—as El Niño conditions get underway in the Pacific Ocean, increasing ...
Texas Hurricane Patricia Losses Could Be Billions; Mexico Spared
Damage from Patricia, the strongest hurricane ever measured in the Western Hemisphere, may cost the U.S. billions due to floods after the storm spared the largest cities in Mexico. Flooding in Texas ...
Court Dismisses $15B Facebook User Privacy Lawsuit; Harm Not Specified
Facebook Inc. won dismissal of a $15 billion lawsuit accusing the company of secretly tracking the Internet activity of its users after they log off. U.S. District Judge Edward J. Davila in San Jose, ...
Executives On The Move at OneBeacon, Arch, ProSight, Aon Benfield and JLT
We have new hires and promotions to tell you about at OneBeacon Insurance Group, Arch Insurance Group, ProSight Specialty, Aon Benfield and JLT Specialty: *** OneBeacon Insurance Group brought on ...
Texas Pounded by Hurricane Patricia
A powerful storm system rumbled through Texas on Saturday, flooding roads and causing a freight train to derail as parts of the state braced for the remnants of Hurricane Patricia to arrive. Many ...
Why Hurricane Patricia Didn’t Cause More Damage in Mexico
(Carrier Management updates AP analysis with RMS and AIR Worldwide statements) Remarkably little damage was reported in the wake of Hurricane Patricia, which hit Mexico after peaking Friday as the ...
Tizzio, Ex-AIG CEO Greenberg’s ‘Right Hand,’ Has Died at 77
Thomas Tizzio, a retired vice chairman of American International Group Inc. who was once seen as a possible successor to its former chief executive officer, Maurice "Hank" Greenberg, has died. He was ...
ACE and Chubb Shareholders Approve $28B Merger by Wide Margin
Shareholders from ACE Ltd. and The Chubb Corp. voted to approve their respective companies' $28 billion merger on Oct. 22 by wide margins. More than 98 percent of ACE shareholders participating in ...