Firms Shift Cybersecurity Responsibility to Frontline Employees June 22, 2011 By Ben Berkowitz and Roy Strom If your company gets hacked, it may very well be your fault, and if your bank account gets broken into...
New Zealand Quakes Drive Insurance Market Changes June 16, 2011 By Ben Berkowitz and Sarah Mortimer A string of earthquakes in New Zealand is sending tremors through the global insurance market with some companies delaying underwriting...
Hacking Blitz Drives Cyberinsurance Demand June 15, 2011 By Ben Berkowitz The recent string of sensational hacker attacks is driving companies to seek “cyberinsurance” worth hundreds of millions of dollars, even...
Travelers to Post Q2 Loss, Limit Share Buybacks Due to Storm Losses June 10, 2011 By Ben Berkowitz Travelers Companies Inc. is slowing down its share buybacks and will post a second-quarter operating loss because of more than...
AIG, U.S. Treasury to Sell Nearly $9 Billion in Stock May 11, 2011 By Ben Berkowitz American International Group and the U.S. Treasury said Wednesday they will sell just under $9 billion in AIG stock, suggesting...
AIG Shares Fall Further, Put Pressure on Treasury May 10, 2011 By Ben Berkowitz and Clare Baldwin Later this month investors will get a chance to buy into the revived American International Group, but dreams of a...
Is Buffett’s Teflon Finally Wearing Off? Annual Meeting Coming Up April 25, 2011 By Ben Berkowitz Aside from maybe the odd cheeseburger stain on his tie, nothing much sticks to Warren Buffett. Whether his underlings are...
Reinsurance Rates Up, But Few Agree How Much April 18, 2011 By Ben Berkowitz Reinsurance rates may be edging higher only now, but the companies’ shares could still surge amid investor hopes that disasters,...
Insurer Sues Celebrity Heiress Paris Hilton Over Missing Jewels April 8, 2011 By Ben Berkowitz and Jonathan Stempel Paris Hilton is holding $60,000 of jewelry that does not belong to her and should give it back, a new...
Reinsurance Rates Rising, But Few Agree Where, How Much April 6, 2011 By Ben Berkowitz Reinsurance rates may be edging higher only now, but the companies’ shares could still surge amid investor hopes that disasters,...