Exclusive: Insiders Symington, Lehmann Analyze Mid-Term Elections for P/C Insurance November 27, 2018 By Andrew G. Simpson The voters have spoken. Republicans have increased their slight advantage in the Senate, while Democrats have flipped the House and...
Burns & Wilcox to Offer Cybersecurity Services Through BreachAware November 27, 2018 Burns & Wilcox has formed an exclusive partnership with London-based BreachAware, a cybersecurity company specializing in data breach research and...
CLO Fever: Small Insurer Bets Big on Booming Leveraged Loan Market November 27, 2018 By Sally Bakewell Advantage Insurance of San Juan, Puerto Rico, is no one’s idea of a financial colossus. But this little insurance company...
XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order November 26, 2018 By Matthieu Protard and Inti Landauro AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list...
Wells Fargo Seeks to Limit Payout for Faulty Auto Insurance Plan November 26, 2018 By Patrick Rucker and Imani Moise Wells Fargo & Co. is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers...
Employers Mutual Looks to Acquire Outstanding Stock of EMC Group November 26, 2018 Employers Mutual Casualty Co. has proposed to purchase all the outstanding common stock of its affiliate EMC Insurance Group Inc....
Sears Investors Allege Improper Moves by Credit Insurance Seller Cyrus November 26, 2018 By Jessica DiNapoli Investors who bought insurance meant to mitigate losses from Sears Holdings Corp.’s bankruptcy proceedings are claiming that a hedge fund...
Report by 13 U.S. Agencies Warns of Dire Economic Effects from Climate Change November 25, 2018 By Seth Borenstein As California’s catastrophic wildfires recede and people rebuild after two hurricanes, a massive new federal report warns that these types...
Judge Nixes U.S. Suit Against Malaysia Airlines, Insurer Allianz Over Plane Disappearance November 25, 2018 By Jonathan Stempel A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought...
EPA Warns on Chemical Found in Nonstick Coatings November 21, 2018 By Jonathan Drew and Ellen Knickmeyer Long-term exposure to a chemical compound currently used for making nonstick coatings appears to be dangerous, even in minute amounts,...