XL Catlin announced the strengthening of its insurance claims team with the appointment of Oliver Newick to the position of global practice leader for Energy, Property & Construction Claims. Newick joins XL Catlin from Liberty International where he held the …
Essent Group Ltd. may have an opportunity to buy Radian Group Inc., the rival mortgage insurer whose chief executive officer is stepping down, an analyst at BTIG LLC said. “Radian has no clear successor,” for S.A. Ibrahim, who said last …
American Medical Systems, a major defendant in litigation over controversial vaginal mesh devices, is accusing “a pyramid of businessmen, doctors and lawyers” of luring women into unwarranted surgeries to remove the implants and inflate their damages claims. The company, a …
Pennsylvania Insurance Commissioner Teresa Miller is offering consumer tips for both guests and hosts of home sharing sites like Airbnb, as use of these sites may rise in Pennsylvania with the state hosting two major national events — the U.S. …
Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., divested the final 3 billion pounds ($4.4 billion) of annuities from its U.K. portfolio to Legal & General Group Plc. The transaction, which covers 27,000 policyholders, will release another 275 …
General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a “secret weapon,” “zero maintenance,” and a “true renaissance woman in the insurance and reinsurance industry.” Ajit Jain, …
U.S. insurers deemed big enough to threaten the financial system will probably face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve Governor Daniel Tarullo said Friday. The Fed “in coming weeks” …
Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to take place in less than three months, a handful of medical experts are calling for the games to be postponed …
AXA SA, France’s largest insurer, said it will stop investing in tobacco and divest all of its 1.8 billion euros ($2 billion) of assets in the industry. AXA will sell about 200 million euros of stock in tobacco companies and …
Berkshire Hathaway GUARD Insurance Companies is now offering a lawyers professional liability policy in California, Maryland, New Jersey, Pennsylvania, Texas, and the District of Columbia with ten more states planned in 2016. Available as either a complement to other policies …
