Fiat Chrysler Recall Highlights Cyber Risks of Connected Cars, Telematics July 27, 2015 By Bernie Woodall and Joseph Menn Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote...
Movie Theaters Balk at Security Checks Following Shootings July 27, 2015 By Jill Serjeant American high school students walk through metal detectors each day. The Metropolitan Opera in New York searches the bags and...
China Minsheng Investment to Acquire White Mountains’ Sirius for $2.2B July 27, 2015 By Selina Wang White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm...
Senate Moves Export/Import Bank Renewal with Transportation Funding July 27, 2015 By Billy House The Senate advanced a proposal to extend the U.S. Export-Import Bank’s charter as part of legislation to finance highways and...
McGraw Hill to Pay $2.2 Billion for SNL Financial July 27, 2015 By Matthew Monks and Matt Scully McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm...
Hiscox Delivers H1 Pre-Tax Profit of £135.1M, Up From £124.6M in H1 2014 July 27, 2015 Hiscox, the Bermuda-based specialist insurer, delivered a pre-tax profit of £135.1 million* ($205.2 million) in the first half ending June...
Drone Coverage: Into the Great Unknown July 27, 2015 By Christopher J. Boggs Insurance Services Office (ISO) recently released a “matched set” of drone-related endorsements for use with the commercial general liability (CGL)...
UK’s Aviva to Target $3.9B in Renewable Energy Investments July 27, 2015 By Alex Morales Aviva plc will target 2.5 billion pounds ($3.9 billion) of investments in renewables and energy efficiency over five years to...
PartnerRe Holders Should Reject Merger with AXIS, Favor EXOR Deal, ISS Says July 27, 2015 By Sonali Basak PartnerRe Ltd. investors should reject a planned merger with rival reinsurer AXIS Capital Holdings Ltd. and instead opt for a...
Foreign Insurers Take Cautious Look at Iran Business in Wake of Nuclear Deal July 27, 2015 By Carolyn Cohn and Bernardo Vizcaino Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear...