U.S.
European Insurers Hit with Highest Tianjin Explosion Losses
Insurer Talanx AG's $122 million loss from port explosions at Tianjin, one of China's worst industrial disasters, takes the net hit incurred by insurers across Europe, the U.S., Bermuda and Asia to ...
Watch This Video: PCI’s Wienecke Outlines Bipartisan Industry Agenda
A replacement collision parts bill. State-based regulation. Flood insurance. These are some of the high priority legislative issues for the Property Casualty Insurers Association of America this ...
XL Catlin Maintains Positive Fitch Ratings Assessment
Fitch Ratings remains cautious optimistic about XL Group, corporate parent of the newly merged XL Catlin, maintaining it previous positive assessment of the global insurer and reinsurer. Fitch said ...
Willis, Ebix Eye 1,000-Plus Carriers With Launch of Global Electronic Accounting Platform
Willis Group Holdings and Ebix, Inc. are targeting more than 1,000 carriers with a new a global electronic accounting platform designed to help speed cash flow and settle claims more quickly for ...
For-Profit College Operator Must Pay $95.5M to Settle Recruitment Violation Suit
Education Management Corp., an operator of for-profit colleges, agreed to settle a whistle-blower lawsuit for $95.5 million. The accord was announced Monday by the U.S. Justice and Education ...
Terrorism’s Global Property Damage Costs Highest Since 9/11 Attacks
In the wake of Friday's massacre in Paris, a new report says the world is paying the highest price for terrorism since the 2001 attack on New York's Twin Towers. In 2014, acts of terror cost the ...
AIG, Dealing With Pressure from Icahn, Amends Proxy Access Bylaws
American International Group Inc., the insurer pressured by activist investor Carl Icahn to split into three companies, amended its bylaws to allow certain shareholders to include director ...
Executives On The Move at ACE, Allianz and RenaissanceRe
ACE, prepping for its $28 billion acquisition of Chubb, named a new post-merger executive to replace one who is jumping ship. Allianz Global Corporate & Specialty has a new head of global ...