What’s Ahead for Reinsurance Industry in 2018: Fitch June 27, 2018 By Brian C. Schneider The global reinsurance industry demonstrated resiliency following the record level of catastrophe losses in 2017, as very strong capitalization and...
Supreme Court Rejects Banks’ Appeal Over Mortgage Securities Marketing June 27, 2018 (Reuters) – The U.S. Supreme Court declined on Monday to hear an appeal brought by Nomura Holdings Inc. and the...
Some Big Employers Moving Away from High Deductible Health Plans June 26, 2018 By John Tozzi and Zachary Tracer When Carla Jordan and her husband were hit with a cascade of serious medical issues, she knew that at least...
Court Nixes Cities’ Climate Change Public Nuisance Lawsuit Against Oil Firms June 26, 2018 By Peter Blumberg and Robert Burnson BP Plc, Exxon Mobil Corp. and Chevron Corp. escaped blame for the public costs of global warming when a U.S....
Sirius Group Plans Nasdaq Listing After Merger with Easterly Acquisition June 26, 2018 Sirius International Insurance Group, Ltd., the Bermuda-based re/insurer, plans to become a publicly listed company, trading on Nasdaq, after a...
Supreme Court Expands Patent Owners’ Recovery of Foreign-Based Damages June 26, 2018 By Andrew Chung The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their...
Partnering with Insurtech to Transform Rather Than Disrupt Insurance June 26, 2018 By Stephan Hochburger The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and...
Protecting the Planet from Asteroids, Comets June 25, 2018 By Marcia Dunn The U.S. government is stepping up efforts to protect the planet from incoming asteroids that could wipe out entire regions...
Restaurants, and Diners, Pay High Price for Food-Related Illnesses June 25, 2018 A single foodborne illness outbreak could cost a restaurant millions of dollars in lost revenue, fines, lawsuits, legal fees, insurance...
Here’s a Shocker: Insurance Industry Reserves Still Adequate June 25, 2018 By Susanne Sclafane Although analysts at Conning didn’t actually use the word “shocked” in their latest report on the property/casualty industry’s loss reserve...