Ratings Agencies Expect Reinsurance Premiums to Continue Dropping in 2017 September 7, 2016 Reinsurance premiums are likely to continue to fall next year, ratings agencies said on Tuesday, following years of weaker prices...
BlackRock Says Investors Must Weigh Climate Change Like Insurers Are Doing September 7, 2016 By Simon Jessop and Trevor Hunnicutt BlackRock Inc., the world’s largest asset manager, said all investors should factor climate change into their decision-making and doing so...
Hudson Insurance Launches Commercial Excess & Umbrella Unit, Taps Farrell to Lead September 6, 2016 Hudson Insurance Group has launched its new commercial excess and umbrella business unit that will provide coverage on a non-admitted...
What They’re Saying About Non-Manufacturing Economic Activity September 6, 2016 Economic activity in the U.S. non-manufacturing sector grew in August for the 79th consecutive month, according to the nation’s purchasing...
Fox News Anchor Carlson Settles Sex Harassment Claim Against Ailes for $20 Million September 6, 2016 Fox News has reached a $20 million settlement of former anchor Gretchen Carlson’s sexual harassment lawsuit against the network’s former...
XL Catlin Names Tennant Pollock as VP, Emerging Markets September 6, 2016 XL Catlin has named Lauren Tennant Pollock as vice president, Emerging Markets, based in New York. She will work with...
Zika Reveals Gaps in U.S. Mosquito Control Options September 6, 2016 By Julie Steenhuyse Over Wynwood, the Miami neighborhood where Zika gained a foothold in the continental United States, low flying planes have been...
SpaceX Keeps Insurance Terms Secret September 6, 2016 By Irene Klotz Israel’s Space Communication Ltd. said on Sunday it could seek $50 million or a free flight from Elon Musk’s SpaceX...
Judge Nixes Users’ Privacy Class Action Against Facebook September 6, 2016 By Joel Rosenblatt Facebook Inc. defeated a bid for a group lawsuit claiming the company illegally gave its users’ personal information to advertisers,...
AIG Reported to Be Selling Its Last Shares in China’s PICC Insurer September 5, 2016 American International Group (AIG) is seeking to raise about $190 million by selling its remaining shares in China’s PICC Property...