Chubb has plenty to celebrate about its 2019 fourth quarter. The global insurer enjoyed a large jump in net income due mostly to rate hikes and property/casualty underwriting gains. Chubb’s catastrophe losses also declined. Chubb Chairman and CEO Evan Greenberg …
The HDI Group has acquired Berlin-based Perseus Technologies GmbH, a start-up that has specialized in the prevention of cyber risks and emergency cyber assistance. The acquisition enables the Hannover-based HDI Group to offer cyber insurance policies and cyber security concepts …
For Hong Kong insurers, the coronavirus outbreak is a second blow. Already reeling from at-times violent demonstrations that slowed the flood of Chinese travelers — one of the biggest sources of new policyholders — to a trickle, the spread of …
When scientists talk about climate change effects like sea level rise and extreme temperatures, they’re typically referring to things predicted to start noticeably occurring as soon as, say 2050, or into the next century. But the impacts of climate change …
Chesapeake Energy Corp. and three oilfield service firms were sued by the daughter of a worker who suffered fatal injuries when a Texas oil well exploded in flames in late January. The wrongful death suit seeks at least $1 million …
The U.S. Supreme Court signaled it will use its Feb. 21 private conference to discuss whether to consider the fate of the Affordable Care Act on a fast-track schedule that would mean a decision by the end of June. The …
Not too long ago, tech enthusiasts were telling us that by 2020, we’d see self-driving cars hit the mainstream, with some 10 million on the roads. That turned out to be a wild overestimation. The actual number of vehicles in …
A man whose daughter died after she jumped or fell from a moving car is suing an Oregon wedding venue for overserving alcohol to the woman’s mother, who was driving at the time of the incident, according to a lawsuit …
A federal judge has approved a settlement that moves Pacific Gas & Electric closer to getting out of bankruptcy, but the troubled utility still must navigate nettlesome obstacles being put up by the state of California. U.S. Bankruptcy Judge Dennis …
Ten U.S. oil refineries, including six in Texas, released the cancer-causing chemical benzene in concentrations that exceeded federal limits last year, according to government data published by the green group Environmental Integrity Project on Thursday. The study is based on …
