Alibaba’s Ma vs. Berkshire’s Buffett; Lottery vs. Insurance: Saft September 26, 2014 By James Saft Jack Ma and Warren Buffett embody two great and contrasting businesses in finance. One sells lottery tickets and the other...
Lawyer Says 2 Families to Accept GM Ignition Switch Offer September 26, 2014 By Jessica Dye The families of two victims killed in a General Motors Co. vehicle with a faulty ignition switch will accept offers...
Complex Energy Industry Requires ‘Power’ Underwriters September 25, 2014 By Denise Johnson The energy industry is not a risk for every underwriter; it requires considerable underwriting expertise due to its complexity and...
Partner Perspective Why the Operation That Worked at $50M Breaks at $150M Presented by OIP Insurtech OIP Insurtech frequently comes across a paradox in specialty insurance operations. The book is growing, premiums are rising, and new...
Aon’s Evans Joins Wells Fargo Insurance for National, International Sales September 25, 2014 Wells Fargo Insurance has named Alejandra (Alex) Evans as senior vice president for its Risk Management and International business. Evans...
GNY Insurance Cos.’ Heck to Retire; Daughter to Succeed Him As CEO September 25, 2014 By Mark Hollmer Warren Heck, the long-time leader of GNY Insurance Companies, plans to retire at the end of 2014. He’ll remain at...
SEC’s $30 Million Award Could Encourage More Whistleblowers, Lawyers September 25, 2014 By Ellen Rosen The U.S. Securities and Exchange Commission’s record $30 million whistleblower award announced this week may prompt more firms to develop...
Civil Engineers Hit Lack of National Plan on Flood Mitigation September 25, 2014 By Geoff Mulvihill An organization of civil engineers is calling for a national strategy for mitigating flood risks, saying the U.S. has not...
Turtles, ’60s Band, Wins Classic Song Copyright Case Against Sirius Radio September 24, 2014 By Devika Krishna Kumar and Andrew Chung A U.S. judge has sided with members of the 1960s band the Turtles in their dispute with Sirius XM Holdings...
BP Loses Bid to Recover Oil Spill Overpayments September 24, 2014 By Laurel Brubaker Calkins and Margaret Cronin Fisk BPlc can’t recover hundreds of millions of dollars it claims to have overpaid some victims for economic losses from the...
Deere Mulls Sale of Crop Insurance Business September 24, 2014 By Shruti Date Singh and Zachary Tracer Deere & Co., the world’s largest maker of agricultural equipment, hired Citigroup Inc. to look at strategic options for its...