U.S.
XL Group’s McGavick: Brokers Rule in a Global P/C Insurance Market
With today's globally focused property/casualty insurance market, brokers wield the greatest influence, XL Group CEO Mike McGavick asserted at a recent industry forum in the U.K. "Brokers hold the ...
Having Multiple Jobs Increases Work-Related Safety Risks: Liberty Mutual
More than 14 million U.S. residents now have multiple jobs. They're also more likely to face work-related injury compared to individuals who only have one employer, a wide-ranging new study has ...
Asiana Airlines, Dozens of Passengers, Reach San Francisco Crash Settlement
Asiana Airlines Inc settled with 72 passengers of its flight that crashed at the San Francisco airport in 2013, a spokesman of the South Korean carrier said on Wednesday. The spokesman declined to ...
Apple Exploring Resolution of Lawsuit From Electric Car Battery-Maker
Apple Inc is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused the iPhone maker of poaching top engineers to build a large-scale battery division. ...
Liberty Mutual Finishes Out 2014 Strong, But Catastrophe Losses Grow
Liberty Mutual Holding Company finished out 2014 with gains in net written premium, net income and an improved combined ratio. But catastrophe losses jumped substantially due to costs from a number ...
Sandy Victims Reach First Set of FEMA Flood Insurance Deals
Federal disaster assistance officials have begun reaching settlements with more than 1,000 Hurricane Sandy victims who allege they were unfairly denied flood insurance claims or were compensated too ...
New England Mega-Storm Claims Are Risky For Regional Insurers: A.M. Best
As New England confronts record snowfall and the risks that come with it, an open question remains whether property/casualty insurance carriers who do the bulk of their business in the region can ...
Greenberg Says Starr Well-Positioned to Leverage Opportunities in Cuba
Starr Companies is "well-positioned" to help clients take advantage of opportunities made available by recent U.S. regulations easing restrictions on travel to Cuba, according to Starr International ...