Commercial Auto Insurance Remains a Loser on the Whole: Fitch May 3, 2016 By Andrew G. Simpson While the property/casualty industry has reported three consecutive years of significant underwriting profits, the commercial auto market as a whole...
Ex-AIG Executive Johnston to Succeed Duclos as CEO for QBE North America May 3, 2016 A former AIG executive is joining QBE to become CEO of its North American operations. Russell Johnston will succeed David...
Buffett Downplays Succession Speculation In Wake of Jain Assuming General Re Role May 3, 2016 By Susanne Sclafane Among the insurance-related highlights of Berkshire Hathaway’s annual meeting in Omaha, Neb. was Warren Buffett’s answer to a question about...
Bain Capital, Vista Equity Buy Agency Technology Firm Vertafore from TPG May 2, 2016 By Andrew G. Simpson Bain Capital Private Equity and Vista Equity Partners have agreed to acquire insurance agency technology firm Vertafore from TPG Capital....
Willis Programs Launches DroneGuard for Unmanned Aircraft Systems May 2, 2016 Willis Programs, a unit of Willis Towers Watson, and the Association for Unmanned Vehicle Systems International (AUVSI), an industry association...
Supreme Court Denies BP Investors’ Class Action Over Losses Tied to Gulf Oil Spill May 2, 2016 By Lawrence Hurley The U.S. Supreme Court on Monday declined a request from shareholders seeking to revive their class action lawsuit against BP...
Facebook, CEO Zuckerberg and Paying to Protect Corporate Executives May 2, 2016 By Anders Melin Facebook Inc. revealed that it spent $4.26 million on security for Mark Zuckerberg last year, its first disclosure of such...
Timeline: From Teen to Octogenarian, How Buffett’s Wealth Has Grown May 2, 2016 By Ben Taylor In 2016, it’s easier than ever to play the financial markets. From the explosion of online brokers to the rise...
Express Scripts Has Plans to Deal with High Drug Prices May 2, 2016 Express Scripts Holding Co. plans to introduce several benefit programs aimed at fighting high drug costs, including speeding up how...
Liability Insurers Win Right to Question NFL Executives, Doctors in Concussion Cases May 2, 2016 By Chris Dolmetsch National Football League executives may for the first time have to testify about what they knew of concussion risks after...