Why Home Inventories Aren’t Just for the Rich August 6, 2015 By Katherine Ross Wild weather has become more common with climate change, the experts say, and homeowners can prepare for natural disasters by...
Senate Leaders Vow September Vote on Cybersecurity Bill August 6, 2015 By Patricia Zengerle The U.S. Senate will not vote on a cyber security bill until September, after lawmakers return from a four-week recess...
Hacked Jeep Radio Maker Says No Flaw in Other Models August 6, 2015 By Mark Clothier Harman International Industries Inc., the maker of the audio system in the Jeep Cherokee that was hacked remotely, said the...
Europe’s ABS Market Promotion Hinges on Easing Insurers’ Capital Requirements August 6, 2015 By Alastair Marsh and John Glover Europe’s push to promote asset-backed securities (ABS) hinges on persuading insurers to buy the debt by easing capital requirements, investors...
Third Point Re Reports Q2 Net Income of $15.7M, 49.9% Decline From 2014 August 6, 2015 Third Point Reinsurance Ltd., headquartered in Bermuda, reported net income of $15.7 million, or $0.15 per diluted common share, for...
The Evolution of Employment Practices Liability Insurance August 6, 2015 By Lisa Doherty It’s been interesting to watch the growth of employment practices liability insurance (EPLI) during more than 25 years of working...
Payroll Firm ADP to Compete with Brokers in Offering Health Exchange August 6, 2015 By Zachary Tracer Automatic Data Processing Inc., the payroll- processing giant, will offer companies a new way for their employees to select health...
Zurich Q2 Net Income Falls to $840M From $848M; CEO Weighs RSA Offer August 6, 2015 By Jeffrey Vögeli Zurich Insurance Group AG, the Swiss firm considering a bid for the UK’s RSA Insurance Group plc, reported profit that...
Munich Re Q2 Net Income Rises to $1.14 Billion on Lower Catastrophe Claims August 6, 2015 By Nicholas Comfort Munich Re, the world’s biggest reinsurer, raised its full-year profit target after net income beat analyst estimates on lower catastrophe...
UPDATE: from AIR: Typhoon Soudelor Nears Taiwan as Season’s Strongest August 6, 2015 According to catastrophe modeling firm AIR Worldwide, Typhoon Soudelor is “the strongest tropical cyclone anywhere on earth thus far in...