Allianz SE, Europe’s biggest insurer, was cut to underperform by Jefferies Group as the investment bank warned insurance stocks may face an industrywide sell-off. “If bond yields fall further from here, the sector will likely sell off as investors factor …
Nearly a fifth of the National Football League settlement approved last week compensating former players with head injuries could go to their health insurers instead. As a result of federal laws and court rulings enabling insurers to recover costs of …
The moment, almost 20 years later, remains crystal clear in the mind of Tommy Self. He was a volunteer firefighter in the tiny central Alabama town of Townley, about 10 miles west of Jasper. The department responded when an EF-5 …
Popular ride-hailing firms like Uber and Lyft are fighting lawsuits in Atlanta and other cities from cab drivers, taxi and limousine companies claiming the techno upstarts are siphoning off passengers and profits by skirting regulations that ensure consumer safety. The …
The U.S. government’s first attempt to set widespread rules for the use of civilian drones by businesses is drawing less reaction from the public than expected, a development that may help speed implementation of the proposal. The Federal Aviation Administration’s …
Guy Carpenter & Company announced a new digital strategy, unveiling an innovative platform – GC Exchange℠ and its suite of electronic solutions, including GC MarketPlace℠ and GCReBID℠. Underlying the strategy is the web-based placement solution, GC MarketPlace℠ that facilitates all …
More and more drivers are making it easy for thieves. A new report by the National Insurance Crime Bureau (NICB) has found an increasing number of thefts of vehicles with the keys left inside. For the years 2012 through 2014, …
Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has received its insurance license to provide all lines of general business in Australia, established operations in Sydney, and named Chris Colahan as president of its Australasia region. “BHSI is committed to …
As scenes of devastation flashed around the world, the destruction and loss of life from the most severe earthquake to hit Nepal in 80 years has become apparent. Catastrophe modeling firm AIR Worldwide said the quake “struck Nepal on Saturday, …
RENO, Nev.-based Employers Holdings Inc. has named Lori A. Brown senior vice president and deputy general counsel. Brown is based out of the company’s San Francisco and Walnut Creek, Calif. offices. She is the company’s primary attorney for employment and …
