Insurers in Dash for Expertise to Master Cyber Risk Insurance July 14, 2014 By Jim Finkle and Leigh Thomas Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling...
Zurich Insurance to Double Green Bonds to $2 Billion on European Growth July 14, 2014 By Carolyn Bandel Zurich Insurance Group AG, Switzerland’s largest insurer, doubled its planned investment in green bonds, citing their growing appeal in Europe....
Generali to Sell BSI Unit to BTG Pactual for $1.7 Billion July 14, 2014 By Sonia Sirletti Assicurazioni Generali SpA agreed to sell its Swiss private-banking unit BSI Group to Grupo BTG Pactual for CHF1.5 billion ($1.7...
Aspen Shareholders Should Rebuff Endurance Board Plan, ISS Says July 14, 2014 By Zachary Tracer Aspen Insurance Holdings Ltd. investors should rebuff a plan from hostile bidder Endurance Specialty Holdings Ltd. to shake up their...
Microsoft Says Cybercrime Bust Frees 4.7 Million Infected PC’s July 14, 2014 By Jim Finkle Microsoft Corp said it has freed at least 4.7 million infected personal computers from control of cyber crooks in its...
Dey Promoted to Director of Sales, Agency Relations at J.M. Wilson July 12, 2014 Portage, Mich.-based J.M. Wilson has promoted Erin Dey to director of sales and agency relations. In addition to visiting agencies...
Ratings of Louisiana-Based Imperial Fire and Casualty Upgraded July 11, 2014 A.M. Best removed from under review with positive implications and upgraded the financial strength rating (FSR) to A- (Excellent) from...
Damage Estimate in Texas Hailstorm Pegged at $400M July 11, 2014 The June 12 hail storm in Abilene, Texas, is expected to hit $400 million in insured losses to vehicles, homes...
Massachusetts Reports Progress in Repairing Health Insurance Website July 11, 2014 By Bob Salsberg Massachusetts state officials are offering an upbeat assessment of efforts to repair the state’s hobbled health insurance website. Maydad Cohen,...
UFG Launches New Equipment Sales, Rental Product July 11, 2014 United Fire Group (UFG) has launched a new equipment sales and rental (ESR) product for agricultural; lawn and garden; industrial,...