Atlas General Insurances Services LLC in California has named Mark Williams executive vice president of underwriting. Williams will be responsible for driving profitable workers’ compensation and premium growth nationwide. Williams will also assist in the management of all underwriting personnel …
Nearly every Californian sees the drought as a big problem and more now say they favor mandatory rationing, according to a survey released Thursday. The Field Poll found 94 percent of registered California voters consider the shortage serious, and 68 …
A patient has sued the maker of a medical scope linked to the outbreak of a superbug at Ronald Reagan UCLA Medical Center. Attorney Pete Kaufman filed suit this week on behalf of 18-year-old Aaron Young, who remains hospitalized after …
About two-thirds of insurance carriers expect to hire more employees this year, a new survey finds. According to the semi-annual U.S. Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group, 66 percent of all insurance companies intend …
The proposed acquisition of Brit plc by Fairfax Financial Holdings is “credit positive” for Fairfax, according to Moody’s, which noted that the deal will significantly boost Fairfax’s underwriting capacity at Lloyd’s in a recently published report. Also citing the benefits …
China is weighing a far-reaching counter-terrorism law that would require technology firms to hand over encryption keys and install security “backdoors,” a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world’s …
Millions of people could lose health insurance subsidies in the coming months if the Supreme Court sides with opponents of President Barack Obama’s health care overhaul. And one thing was clear last weekend as the nation’s governors gathered in Washington: …
Stewart Information Services Corp. is being targeted by activist Phil Goldstein, who is urging a sale of the property title insurer and seeking control of its board. Goldstein’s Bulldog Investors has amassed more than 5 percent of Stewart Information and …
Old Mutual plc, Africa’s biggest insurer, said 2014 profit fell after the average rate of the South African rand weakened 18 percent against the pound. Net income from continuing operations declined to 902 million pounds ($1.39 billion) from 980 million …
A natural cooling of the Pacific Ocean has contributed to slow global warming in the past decade but the pause is unlikely to last much longer, U.S. scientists said on Thursday. The slowdown in the rate of rising temperatures, from …
