Here is a snapshot of the property/casualty insurance industry merger and acquisition activity reported byInsurance Journal in 2012. Major carrier transactions included Nationwide’s acquisition of Harleysville, The Hartford’s selling of its life units, Allegheny and Transatlantic completing their merger, and …
Insurers rank well in readiness for handling the short-term challenges of extreme weather events, but fall short in preparedness for the long-term effects of climate change, a new report says. A report that surveyed insurers doing business in California, Washington …
Besides revealing attitudes about climate change, the Ceres report highlights how insurers view the impacts of climate change affecting the industry. Some insurers believe climate change could potentially affect the availability and cost of risk transfer options, reinsurance, catastrophe bonds …
While the industry seemed to see a spike in mergers and acquisitions activity in 2012 due to some tax implications, many are projecting that 2013 will see some healthy buying and selling, too. While there are many issues to address …
San Francisco, Calif.-based Woodruff-Sawyer & Co. named Ravi Krishnan as the firm’s first chief information officer. Krishnan will be responsible for optimizing Woodruff-Sawyer’s existing technology, driving strategic initiatives and aligning priorities and resource demands. He will also be the key …
The New Mexico Legislature gave final approval to a proposal to help the state develop a commercial space travel industry. Legislation to limit the liability of spacecraft manufacturers and their suppliers is heading to Republican Gov. Susana Martinez after clearing …
A House committee has approved a bill already passed by the Senate that would bar pro athletes in Arizona from filing for workers’ compensation in other states. Republican Sen. John McComish says professional teams came to him with concerns that …
A federal jury in New York in mid-March found that video game company Nintendo Co. infringed an inventor’s 3-D display technology patent with its handheld 3DS videogame system. The jury awarded the inventor, Seijiro Tomita, $30.2 million in compensatory damages. …
A repeat drunken driver convicted in a crash that killed two teenagers has sued his drinking buddy and two Santa Fe restaurants that served him alcohol. James Ruiz, 37, filed a lawsuit in New Mexico District Court and is seeking …
When InsuranceJournal.com posted a story giving the Insurance industry’s take on workplace flexibility following Yahoo Inc. CEO Marissa Mayer’s announcement in February to bring telecommuters back into the office the story proved popular – particularly on LinkedIn.com. A number of …
