The ‘Pokemon Go’ Files: 10 Tales of Trespass, Robbery, Murder and More July 15, 2016 By Beatriz Costa-Lima and Mary Hudetz The “Pokemon Go” craze across the U.S. has people wandering into yards, driveways, cemeteries and even an off-limits police parking...
Caution: Millions of U.S. Drivers Are Angry, Aggressive or Enraged! July 15, 2016 Nearly 80 percent of drivers expressed significant anger, aggression or road rage behind the wheel at least once in the...
Buffett Gives $2.8 Billion in Shares to Charities Including Gates Foundation July 15, 2016 By Jonathan Stempel Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., has donated another roughly $2.86 billion of his holdings in the...
P/C Insurers’ Net Income Fell 26% in Q1 July 15, 2016 U.S. property/casualty insurers saw their net income after taxes fall to $13.3 billion in first-quarter 2016 from $18.1 billion in...
Allied World, Great Point Partner on Online Small Business Umbrella Program July 15, 2016 Allied World North America has teamed with program administrator Great Point Insurance to offer umbrella coverage in the U.S. and...
Industry Balks as Treasury Adopts 2% Formula for Defining Auto Insurance Affordability July 15, 2016 By Andrew G. Simpson If the average auto insurance liability premium paid by consumers in minority and low-income neighborhoods is more than 2 percent...
Growth Partners: Equity Firm Kohlberg Invests in Wholesaler U.S. Risk July 14, 2016 By Stephanie K. Jones Dallas-based international specialty lines underwriting manager and wholesale broker U.S. Risk Insurance Group Inc. has agreed to partner with the...
Insurers Expect Lower Returns in Face of Low Interest Rates, Heightened Competition July 14, 2016 Approximately three-fourths of insurers surveyed have lowered their target return-on-equity expectations to 10 percent or lower, a reflection of highly...
Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America July 14, 2016 Allianz Global Corporate & Specialty (AGCS) reported that Adam Posner has been named senior underwriter for Terrorism & Political Violence...
Court Removes GM Bankruptcy Shield on Ignition Switch Claims July 14, 2016 By Jessica Dye General Motors’ 2009 bankruptcy does not shield it from lawsuits over a deadly ignition-switch defect that led to criminal charges...