Financial Stability Regulators Discuss Debt Limit, Government Shutdown October 10, 2013 By Emily Stephenson U.S. financial regulators discussed the federal debt ceiling and the effect of the government shutdown on market monitoring during a...
Progressive: Investment Income Slips; Premiums and Auto Policies Up October 10, 2013 Progressive Corp., the fourth-largest U.S. auto insurer, said profit dropped 16 percent as investment income declined for a 12th straight...
P/C Stock Valuations Unlikely to Improve Much in Near Term: Conning October 10, 2013 While property/casualty insurance stock valuation levels are finally exceeding book values after four years of below-book levels, a near-term return...
JC Flowers, Apollo to Bid on Hartford’s Japan Unit: Reuters October 10, 2013 Private equity firms J.C. Flowers & Co and Apollo Global Management are among a handful of companies expected to bid...
Report: $189B in Western U.S. Properties High Wildfire Potential October 10, 2013 By Don Jergler Despite a little touch of some wetter and cooler weather, the 2013 wildfire season isn’t over, and the Western states...
Regulators Map Out First Capital Blueprint for Large Insurers October 10, 2013 By Huw Jones The world’s largest insurers could be forced to raise fresh capital under rules proposed by regulators on Wednesday that echo...
Study Concludes Shift to a New Climate Likely by Mid-Century October 10, 2013 By Alister Doyle Billions of people could be living in regions where temperatures are hotter than their historical ranges by mid-century, creating a...
Allied World Europe Appoints Graham VP – Mergers and Acquisitions October 10, 2013 Allied World Assurance Company Holdings, AG has announced that Allied World Europe has appointed Andrew Graham Vice President, Mergers and...
Zurich Launches Side A D&O Coverage for Corporate Leaders in the U.S. and Abroad October 10, 2013 Zurich has introduced a new Side A D&O policy that addresses the evolving litigation landscape and provides coverage for liability...
N.J. Group Urges Gov’t to Establish Extreme Weather Superfund for Future Disasters October 9, 2013 A New Jersey-based nonprofit group is calling on the federal government to establish a permanent funding source to prepare for...