Execs Hired by Berkshire Specialty Balked at AIG Philosophy: Benmosche September 24, 2014 By Noah Buhayar and Zachary Tracer Robert Benmosche, who led American International Group Inc. for half a decade, said an emerging challenge from Warren Buffett’s Berkshire...
A.M. Best: Saudi Market Returning to Profitability September 24, 2014 The Saudi insurance market continued its strong growth over the first half of 2014 with gross written premium expanding 24...
Many Still Lack Power in Los Cabos; Storm Toll Deaths at 5 September 24, 2014 Authorities in northwestern Mexico were struggling to get power back on in the resort zone of Los Cabos a week...
U.K. Regulators Ban Insurer Deals on Price Comparison Websites September 24, 2014 By Sarah Jones U.K. regulators banned car insurers from making agreements with price comparison websites, saying it limits competition and increases premiums. The...
Axis Capital to Boost Primary Sales as Reinsurance Prices Slide September 24, 2014 By Carolyn Bandel Axis Capital Holdings Ltd. plans to expand the insurance side of its business to make up for lower earnings from...
Administration Relaxes Food Safety Rules for Farmers September 24, 2014 By Mary Clare Jalonick The Food and Drug Administration has revised sweeping food safety rules proposed last year after farmers complained that the regulations...
Coal States’ Senators File Black Lung Benefits Bill September 24, 2014 By Frederic J. Frommer Sens. Jay Rockefeller of West Virginia and Bob Casey of Pennsylvania unveiled legislation last week aimed at ensuring fairer treatment...
Player’s Widow Sues NFL, Claims Husband’s Suicide Due to Concussions September 23, 2014 By Edvard Pettersson The National Football League was sued by the widow of former San Diego Chargers defensive back Paul Oliver, claiming his...
Home Depot Breach Tied to Bank Account Fraud, Reports WSJ September 23, 2014 By Chris Strohm and Michael Riley Home Depot Inc.’s data breach, which put about 56 million payment cards at risk, has fed fraudulent transactions that in...
Hub Southeast Names Love President for Employee benefits September 23, 2014 Insurance broker Hub International Southeast has named Tim Love as president, Employee Benefits, responsible for overseeing employee benefits product and...