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Chubb expanded its Global Cyber Facility with endorsements for property and casualty. Ironshore Specialty Casualty formed a dedicated Oil & Gas Facility. The International Drone Racing ...
With the end of a Pacific La Nina and no clear signal of where ocean temperatures are heading, predicting spring and summer weather that will impact agriculture and energy markets just got a little ...
Leading U.S. insurers have nearly half-a-trillion dollars invested in fossil fuel energy and the electric and gas utility sectors, according to a recent report that urges state insurance regulators ...
There was no shortage of new products launched by the insurance industry in 2015. Cyber, a risk that has consistently seen a lot of activity over at least the last several years, continued to be on ...
Fledgling Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Ltd. raised a massive $1.5 billion in equity capital, a major accomplishment for the industry. What's more, Fidelis ...
Hartford Financial Services Group Inc., the insurer with a $76 billion investment portfolio, has reduced holdings of bonds issued by energy companies amid a slump in oil prices. "We've lightened up a ...
U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low by the widespread bottlenecks on ...
There's no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and ...
The Obama administration announced its first steps on Friday toward possibly tighter regulation of hydraulic fracturing, or fracking, seeking public input on whether companies should be required to ...
Allianz SE, Europe's biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries. The insurer plans to boost gross written premiums in the nation to C$500 ...
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