Exiting U.S. Trade Rep Urges Trump to Uphold Trans-Pacific Trade Deal January 11, 2017 By David Lawder President Barack Obama’s departing chief trade negotiator warned the Trump administration on Tuesday that it risked abdicating U.S. leadership in...
Volkswagen Agrees to $4.3 Billion U.S. Settlement Over Emissions Fraud January 11, 2017 By David Shepardson and Andreas Cremer Volkswagen AG confirmed on Tuesday it has negotiated a $4.3 billion draft settlement with U.S. regulators to resolve its diesel...
2017 Cyber Risks to Intensify as Hackers Become More Cunning: Report January 11, 2017 By L.S. Howard Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and...
MF Global’s Corzine to Pay U.S. Regulator $5 Million Over Firm’s Collapse January 10, 2017 By Jonathan Stempel Jon Corzine, former New Jersey governor and Goldman Sachs co-chairman, will pay a $5 million civil fine to settle a...
Nation’s Largest Alliance of Independent Agencies Grows Membership Again in 2016 January 10, 2017 The largest alliance of independent insurance agencies in the United States, SIAA, or the Strategic Insurance Agency Alliance, added 441...
Floods, Other Major Climate Events Cost U.S. $46 Billion, 138 Lives in 2016 January 10, 2017 During 2016, the United States experienced 15 weather and climate disasters with insured and uninsured losses exceeding $1 billion each...
Today’s Insurance Agency E&O Costs, Coverage and Claims January 10, 2017 By Andrea Wells Independent agency owners spend their entire careers worrying about the risks and exposures of others. Managing the risks of their...
Is Soft Market Bottoming? A.M. Best Points to Some Promising Signs January 10, 2017 By L.S. Howard Some observers believe the bottom of the reinsurance market may be in sight because brokers are having greater difficulty filling...
Federal Housing Agency to Lower Mortgage Insurance Premiums January 10, 2017 By Richard Leong The U.S. Federal Housing Administration will reduce the annual premiums on mortgage insurance on home loans the agency insures by...
Beazley, VALE Partner on Environmental Coverage for Small, Mid-Sized Firms January 9, 2017 Beazley has partnered with managing general agency VALE Insurance Partners to offer its environmental cover to US-domiciled firms with revenues...