With Hurricane Season About to Open, Forecasters Already Eyeing East Coast May 27, 2016 By Brian K. Sullivan When the Atlantic hurricane season starts next week, the most active area might just be off the U.S. East Coast....
Ropner Insurance Services Appoints 6 New Brokers as Part of Ongoing Expansion May 27, 2016 Ropner Insurance Services Ltd., the Lloyd’s and London market broker, has appointed six new brokers as part of its ongoing...
Jury Sides with Google; Oracle Loses $9 Billion Copyright Claim May 27, 2016 By Joel Rosenblatt Google won a jury verdict that kills Oracle Corp.’s claim to a $9 billion slice of the search giant’s Android...
AXA Sells SunLife, Names Top Team Including Harlin as CFO, Olivier to Lead P/C May 27, 2016 By Fabio Benedetti-Valentini AXA SA sold its SunLife unit in the U.K. to Phoenix Group Holdings and announced the top-management team that will...
Towergate Launches Specialty London Markets U/W Division; 2 DUAL Execs Hired May 27, 2016 Towergate Underwriting has formed a Specialty London Markets underwriting division, by hiring two market leading talents in this important and...
Credit Suisse Sells Operational Risk Bonds, Insuring Rogue Trading, Cyber Crime May 27, 2016 By Jan-Henrik Förster and Tom Beardsworth Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of bonds designed to offload potential losses on events...
Liability Insurer Accuses Surgical Robot Maker of Hiding Injury Claims May 27, 2016 By Kartikay Mehrotra It’s health insurers’ cardinal rule: disclose pre-existing conditions. Now comes a case in which that familiar decree involves not a...
Hurricane Center Updating Storm Surge Maps for North Carolina’s Outer Banks May 27, 2016 New storm surge maps for the Outer Banks of North Carolina will be available this summer. The Virginian-Pilot of Norfolk...
Texas’ Coastal Wind Insurer Expects $4.9B in Funds for 2016 Hurricane Season May 27, 2016 While its reinsurance plans for the 2016 hurricane season haven’t yet been nailed down, Texas’ insurance company of last resort...
Unsealed Records Show Drug Firms Flooded Rural West Virginia With Painkillers May 27, 2016 Information about pill shipments that prescription drug distributors being sued by the state had sought to keep secret show that...