People Moves: QBE Promotes Shallow to Executive Director for International Markets; DUAL UK Taps Allianz’s Dixon as CUO, AXA’s Corner as Chief Distribution Officer February 26, 2024 This edition of International People Moves details appointments at QBE’s International Markets division and Howden’s DUAL. A summary of these...
Trinidad and Tobago’s Government Confirms Fuel Oil Is Leaking off Tobago’s Coast February 26, 2024 Trinidad and Tobago’s government on Friday confirmed the refined product leaking from a barge that struck a reef and overturned...
Risk Models Behind Insurance-Linked Securities Are Getting a Lot Harder to Crack February 26, 2024 By Gautam Naik and Sheryl Tian Tong Lee As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on...
Houthi Attack on Ship Led to ‘Environmental Disaster,’ US Says February 26, 2024 By John Harney The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster”...
GM’s Cruise Prepares to Resume Robotaxi Testing After Halt February 26, 2024 By Julia Love and David Welch General Motors Co.’s Cruise autonomous driving unit is nearing the resumption of robotaxi testing in the coming weeks, with Houston...
Warren Buffett Says Berkshire ‘Built to Last’ Though Eye-Popping Gains Are Over February 26, 2024 By Jonathan Stempel Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long...
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts February 26, 2024 By Susanne Sclafane Even though Berkshire Hathaway’s latest annual report featured Warren Buffett’s forecast that the days of “eye-popping performance” for the giant...
Agents, Brokers Achieve Record Annual Growth in 2023 February 26, 2024 The independent insurance agent and broker channel posted an organic growth rate of 10.3% in 2023 — the highest annual...
Universities Settle Financial-Aid Antitrust Lawsuit for $166M February 26, 2024 By Mike Scarcella Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored...
Higginbotham Adds 103-Year-Old FPH&A to the Lineup February 26, 2024 Higginbotham, one of the largest independent insurance brokerages, has acquired Alabama-based Fountain, Parker, Harbarger & Associates, a 103-year-old agency. FPH&A...