For W.R. Berkley Corp., sobering results from its global reinsurance division were a blemish on an otherwise successful 2014 first quarter, during which the Greenwich, Conn.-based company enjoyed overall gains in net income, gross premiums written and returns on equity. …
Columbia University and Barnard College mishandled incidents of sexual assault and misconduct on campus, according to a complaint filed yesterday with the U.S. Education Department by 23 students. The complaint alleges violations of Title IX, the law that bars sex …
The Tennessee Supreme Court has reinstated a medical malpractice lawsuit that had been thrown out by lower courts because the plaintiff failed to file paperwork to confirm it had met notice requirements. Richard Thurmond, who is suing Mid-Cumberland Infectious Disease …
Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer’s focus. Orix will pay about $895 million for the business, which sold retirement products in Japan …
The hunt for a missing Malaysian passenger jet entered a new phase as an international team abandoned its aerial search for debris and stepped up efforts to find wreckage on the floor of the Indian Ocean. After 52 days, it’s …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, announced the appointment of Luis José Pardo, a leader with 25 years of experience in the insurance and reinsurance markets, as CEO of its business in Peru. He …
Aon plc reported results for the three months ended March 31, 2014, posting net income attributable to Aon shareholders of$325 million, or $1.06 per share, compared to $261 million, or $0.82 per share, for the prior year quarter. “Net income …
Bermuda-based Validus Holdings, Ltd. Reported net income available to Validus for the three months ended March 31, 2014 of $162.4 million, or $1.66 per diluted common share, compared to $223.2 million, or $1.90 per diluted common share, for the three …
Willis Group Holdings has appointed David Martin as Chief Executive Officer of Willis Limited, the Willis Group’s principal UK regulated entity, effective as of May and subject to FCA approval. Martin succeeds Steve Hearn as CEO and takes over responsibility …
Few industries understand the concept of risk better than the insurance sector. But what about infringement risk? Sharing published information is essential to a company’s ability to thrive. Whether developing new insurance products, keeping abreast of state and legislative regulatory …
