Why Law Firms Like Facebook to Track Down Medical Victims May 27, 2015 By Doni Bloomfield and Shannon Pettypiece For ambulance chasers, persistence and a phone book just don’t cut it anymore. Law firms, which once relied on television...
EXOR Refuses to Sweeten $6.8 Billion Offer to Acquire PartnerRe May 22, 2015 By Doni Bloomfield, Sonali Basak and Tommaso Ebhardt EXOR SpA, the investment vehicle of Italy’s Agnelli family, reiterated that it won’t sweeten a $6.8 billion offer to buy...
Noel Steps Down from Berkshire Travel Insurance Chief Due to Illness May 12, 2015 By Doni Bloomfield Warren Buffett’s Berkshire Hathaway Inc. said John Noel is stepping down as head of its travel-insurance unit because of illness...
AXIS Capital Could Attract Offer From Arch Capital: Report May 7, 2015 By Doni Bloomfield and Sonali Basak AXIS Capital Holdings Ltd. climbed in New York trading on Wednesday after “Insurance Insider” reported that the company, which has...
AIG Could Follow GE’s Move to Shed ‘Too-Big-to-Fail’ Tag May 4, 2015 By Doni Bloomfield and Sonali Basak American International Group Inc., the insurer that received a $182.3 billion bailout, said it would weigh reshaping the company to...
XL Looks to Illiquid Securities, Infrastructure to Boost Yields: McGavick May 4, 2015 By Doni Bloomfield and Sonali Basak XL Group plc Chief Executive Officer Mike McGavick said the insurer is looking to illiquid securities and infrastructure investments to...
PartnerRe Ducks Questions in Call on EXOR’s $6.4 Billion Offer April 29, 2015 By Doni Bloomfield and Sonali Basak PartnerRe Ltd., the reinsurer that agreed to combine with AXIS Capital Holdings Ltd., said it would refuse to answer questions...
ACE’s Greenberg Cautions on Pricing, Growth Pressures April 23, 2015 By Doni Bloomfield ACE Ltd. Chief Executive Officer Evan Greenberg said there are signs the insurance industry is entering another era of taking...
Departure of MetLife’s Wheeler Surprises Analysts April 14, 2015 By Doni Bloomfield MetLife Inc. posted the biggest decline in the 21-company Standard & Poor’s 500 Insurance Index after announcing the departure of...
New York to Investigate Insurers’ Cybersecurity Work After Hacks March 27, 2015 By Doni Bloomfield Insurers doing business in New York State must tell a regulator there about efforts to prevent computer hacking, detailing the...