U.S.
Watch This Video: Guy Carpenter’s David Priebe Considers The Future of Alternative Capital
Insurance linked securities, cat bonds, or collateralized reinsurance are no longer a novel thing. They're embedded in many insurance company capital frameworks, and, as a result, a routine part of ...
California Wildfire Insured Losses Surpass $1B: Impact Forecasting
With a month to go for the peak California wildfire season, insured losses already surpassed $1 billion in September - the costliest and most damaging for the U.S. in eight years, according to Impact ...
A.M. Best: Half-Year Results Hint at Year Three of Underwriting Profits
The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year ...
DuPont Defeated in First Liability Trial Over Toxic Teflon-Making Chemical
A cancer patient prevailed in her lawsuit against DuPont on Wednesday, when a jury awarded her $1.6 million and found the company liable for leaking a toxic chemical used to make Teflon into the ...
Lloyd’s Insurer Waiting List Reaches 327-Year Record
The waiting list for an insurer to get a spot on the underwriting floor of Lloyd's of London is the longest in its 327-year history, indicating record demand for access to the market. Lloyd's has ...
RMS Buys Up Real-Time Hurricane Impact Data Startup
Catastrophe modeling firm RMS has acquired HWind Scientific LLC, a startup focused on producing real-time hurricane impact data. Neither side disclosed financial details. But RMS said the acquisition ...
Wal-Mart, Visa Seek an End to Retailer’s $5B Swipe-Fee Lawsuit
Wal-Mart Stores Inc. and Visa Inc. are in talks aimed at settling the retailer's $5 billion lawsuit over processing fees. The negotiations were disclosed in a court filing Monday in Brooklyn federal ...
The Latest Launches From Ironshore and Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance launched two new policies that provide cyber liability and breach response coverage with risk management resources. They're known, respectively, as the ...