Travelers CEO Fishman Discloses Neuromuscular Condition November 14, 2014 By Michelle Fay Cortez, Noah Buhayar and Zachary Tracer Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said Chief Executive Officer Jay Fishman has been...
AIG, Not Taxpayers, Could Pay If Greenberg Wins $25 Billion Bailout Suit November 14, 2014 By Andrew Zajac The U.S. government has grounds to demand that American International Group Inc. pay any significant damages should Maurice “Hank” Greenberg...
NAIC Working Group Recommends Bermuda as Qualified Jurisdiction November 14, 2014 By L.S. Howard A working group of the National Association of Insurance Commissioners (NAIC) has recommended the Bermuda Monetary Authority (BMA) for approval...
A.M. Best Affirms Ratings of Munich Re and Subsidiaries November 14, 2014 A.M. Best has affirmed the financial strength rating (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of “aa-”...
Cross-Sector Global Coalition Formed, Aiming to Cut Road Traffic Deaths November 14, 2014 Ten major global companies have created “Together for Safer Roads,” a cross-sector coalition focused on improving road safety and reducing...
RenaissanceRe Announces Executive Management Changes November 14, 2014 RenaissanceRe Holdings Ltd. announced that Peter C. Durhager has decided to step down as executive vice president and chief administrative...
Talanx Sells Remaining Shares in Swiss Life to Strengthen Balance Sheet November 14, 2014 By Nicholas Comfort Talanx AG, Germany’s third-biggest insurer, sold its stake in Swiss Life Holding AG to help mitigate the effect of low...
Hypothetically, Here’s How to Respond to a Data Breach November 13, 2014 By Andrew G. Simpson How an organization responds within 72 hours of a data breach can be critical. Take the case of GlobalMart, a...
Berkshire Hathaway Specialty Adds Contractor’s, Business Crisis Cover November 13, 2014 Berkshire Hathaway Specialty Insurance (BHSI) has created a Contractor’s Broad Form Coverage, which is now available to contractors with BHSI’s...
East Gubernatorial Race Results and Their Impact on Regulators November 13, 2014 On Nov. 4, 36 states across the country held their gubernatorial elections. In the East region, incumbent governors who were...