Reinsurance Market’s Evolution Could Affect Its Stability: ‘Acts of God’ Author June 26, 2015 By L.S. Howard First of Two Articles The reinsurance market is moving from coverage of acts of God to one that covers commoditized...
Greenberg Says Bailout Lawsuit About Government Overstepping Its Bounds June 26, 2015 By Sonali Basak, Betty Liu and Christie Smythe Maurice “Hank” Greenberg said that his partial victory in a lawsuit tied to American International Group Inc.’s bailout isn’t enough,...
EU Capital Markets Plan Must Improve Investor Protections: UK Regulator June 26, 2015 By Huw Jones The European Union’s plan for a unified capital market needs more work to protect investors from losses if it is...
Hedge Funds Targeted in Senator Wyden’s Reinsurance Tax Bill June 26, 2015 By Selina Wang and Sonali Basak The owners of hedge fund-backed reinsurers, including one tied to John Paulson, could have to pay more taxes or shift...
DUAL Australia Launches Suite of Marine Products with New Team June 26, 2015 DUAL, the underwriting arm of the Hyperion Insurance Group*, has announced the continued expansion of its global marine and energy...
Hiscox Strengthens UK Motor Offering with Purchase of RH Specialist Insurance June 26, 2015 Bermuda-based specialist insurer Hiscox announced it has reached an agreement with Willis to acquire its specialist UK classic car business,...
Appeals Court Backs Claim under State Law in Colorado’s Rocky Flats Case June 26, 2015 By Daniel Wallis A U.S. appeals court has ruled a decades-old pollution case over nuclear weapons production in Colorado should be sent back...
North Carolina Investigators Say Church Fire Was Arson, $250K in Damage June 26, 2015 Investigators with the Charlotte, N.C., Fire Department say a fire at a predominantly black church is a case of arson....
Alabama Officials: Food Poisoning at Day Care Likely Cause of 86 Sick Kids June 26, 2015 Alabama state health officials say food poisoning is the suspected culprit after 86 children became ill at a Montgomery day...
Kentucky Sewer District Approves $1M for Flood Buyouts June 26, 2015 The Louisville, Ky., Metropolitan Sewer District board has approved $1 million of a proposed $3 million settlement in an effort...