How Cabbies Are Morphing Into Hybrid Taxi-Ridesharing Firms November 8, 2017 Taxi companies across the U.S. waged a bitter, high-profile battle to keep Uber Technologies Inc. and Lyft Inc. from bringing...
Congress Prepares to Address Flood Insurance Overhaul Again November 8, 2017 By Ginger Gibson The latest attempt to overhaul the U.S. federal flood insurance program hit a stumbling block, but a coalition of business...
Allianz to Offer Small Business Cyber Risk Management Services Through Zeguro November 8, 2017 Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has partnered with Silicon Valley-based software company Zeguro, to...
Global Re/Insurers Lobby Against ‘Unfathomable’ House Tax Bill November 7, 2017 By Lynnley Browning Multinational companies including Apple Inc., Pfizer Inc. and Ford Motor Co. would face a new tax on payments they make...
Tough Road for Trucking Insurance Specialists November 7, 2017 By Andrea Wells Trucking serves as a barometer of the U.S. economy, representing 70.6 percent of all domestic freight transportation tonnage and $676...
Puerto Rico Bond Insurers’ Stocks Fall After ’60 Minutes’ Episode on Hurricane Maria November 7, 2017 By Stephanie Kelly Shares of three major bond insurance firms with exposure to Puerto Rico fell on Monday after a “60 Minutes” episode...
Zurich North America Names Putz to Lead Alternative Markets November 7, 2017 Zurich North America has appointed David Putz to lead Alternative Markets, effective January 1, 2018. Putz will assume the role...
Regulation Not the Answer to Cyber Threats: Federal Reserve Official November 7, 2017 By Yalman Onaran More rules may not be the best answer to protecting the financial system against cyber attacks, a Federal Reserve official...
AmTrust Selling Stake in Certain Units to Raise $950M November 7, 2017 AmTrust Financial Services will make about $950 million by selling a majority equity interest in some of its U.S.-based fee...
Insurance Agents Regained Organic Growth Momentum in Q2: Reagan November 7, 2017 By Andrew G. Simpson Insurance agencies and brokerage firms reported that their organic growth rebounded to 4.6 percent in the second quarter of 2017,...