Drivers of luxury vehicles in Florida should watch out. Their cars are the least likely in the U.S. to be returned if stolen. More than 25 percent of luxury cars taken from the beginning of 2010 through 2013 were never …
Cyclone Hudhud, which hit India’s east coast last week, probably cost insurers $100 million to $400 million, modeling firm AIR Worldwide said. The storm damaged transportation infrastructure, power supply systems and more than 40,000 homes, the Boston-based modeler said today …
Munich Re and ACE Ltd. are among insurers that are best prepared to manage risks related to climate change, a lobbying group said. The nine insurers that were found to be integrating climate change into underwriting and investments also included …
Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from AIG to build groups that sell coverage protecting corporate clients against crimes. Barone joins the fidelity bond and crime team …
Progressive Corp., the fourth- largest U.S. car insurer, said profit rose 27 percent as margins improved for a second straight period. Third-quarter net income climbed to $296.1 million, or 50 cents a share, from $232.4 million, or 39 cents, a …
White Mountains Insurance Group Ltd. purchased a majority stake in Tranzact for $178 million as the insurer renews its bet on policy sales through the Internet. White Mountains acquired 63 percent of Tranzact, which operates DirectHealth.com, the online insurance comparison …
Seattle, where a crowd of football fans celebrating a Super Bowl victory waited at a crosswalk for a signal change this year, is the safest U.S. city for pedestrians, according to a study by Liberty Mutual Holding Co. The city …
Billionaire Warren Buffett said he gave an appraisal of American International Group Inc. to Timothy Geithner, then the head of the Federal Reserve Bank of New York, just before it rescued AIG in 2008. Geithner asked “was there enough in …
Verisk Analytics Inc., the supplier of data to insurers and banks, said its planned $650 million takeover of EagleView Technology Corp. has been delayed amid a review by antitrust regulators. The purchase agreement has been extended to Dec. 31, after …
