British regulators are scrutinizing the impact of the wave of capital from investors such as hedge and pension funds on the insurance industry. “The availability of this additional capital inevitably affects the decisions made by insurers and reinsurers on the …
Julia Graham, Director of Risk Management and Insurance for the global law firm DLA Piper, acceded to the position of president of the Federation of European Risk Management Associations (FERMA) at the close of its bi-annual conference on Wednesday, October …
Allied World Assurance Company Holdings, AG and Markel International announced that they have entered into an agreement for Allied to acquire the renewal rights to a book of aviation business written by Lloyd’s Syndicate 1400 and Markel Europe plc. The …
Willis Group Holdings announced that it is sponsoring a scientific program in Antarctica from November 2013 to January 2014 to “better understand our changing climate and build resilience to weather-related risk.” Willis said its “Resilience Expedition will undertake three scientific …
National Air Cargo Group Inc. and its insurer sued the U.S. for breach of contract, saying the government failed to provide reimbursement of as much as $45 million for the crash of a Boeing 747-400 on a military mission in …
When Britney Spears takes the stage this December for the first of a heavily hyped 100-show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance underwriters. Along with the sound engineers and roadies …
A study by a handful of university professors in Colorado claims user-based insurance tracking programs installed in millions of vehicles can collect data that shows where drivers are going, unbeknownst to most users of the technology. Professors from the University …
A federal judge has struck down a key Florida medical malpractice law that required a patient to allow a defending physician’s attorney to informally discuss the case with the patient’s other health care providers. The law would have allowed those …
Former Pennsylvania State University Coach Jerry Sandusky, who was sentenced to at least 30 years in prison for sexually abusing boys, failed to persuade a state appeals court that he deserved a new trial. Sandusky said his trial lawyers had …
Guy Carpenter & Co., a global risk and reinsurance intermediary specialist and member of Marsh & McLennan Cos., announced the launch of its new Excess & Surplus Lines Specialty Practice. Guy Carpenter said the new unit will focus on the …
