Surging waters in Colorado swept away barns, silos and fences and left houses covered in mud in this northern agricultural town. The flood waters were so powerful they uprooted irrigation pipes and spread them around the fields here, leaving lakes …
Employees who have a sense of unjustified entitlement are more likely to say that their bosses are abusive and mistreat them than their less entitlement-minded coworkers, according to new research from the University of New Hampshire. The research was conducted …
R. Matthew “Matt” Fairfield, the Founder and CEO of ANV, is the epitome of a global insurance executive. He lives in Spain, runs a company based in the Netherlands, which in turn runs a Lloyd’s syndicate and does extensive business …
Last week I attended Brookings Papers on Economic Activity to watch some of the smartest economists in America debate some of the most interesting papers. The very first paper presented is of particularly timely interest: “Is This Time Different? The …
Cooper Gay Swett & Crawford (CGSC) has announced the acquisition of independent Lloyd’s insurance and reinsurance brokerage group Newman Martin and Buchan (NMB), subject to regulatory approval from the UK Financial Conduct Authority. The announcement explained that NMB and Cooper …
Prudential Financial Inc., the second-largest U.S. life insurer, was designated systemically important in a 7-to-2 vote by a council of regulators charged with preventing another crisis. Edward DeMarco, acting director of the Federal Housing Finance Agency, and Roy Woodall, a …
The European Union and Singapore have finalized the details of one of the world’s most comprehensive free trade agreements, a pact the EU sees as a stepping stone towards a wider deal with booming economies in Southeast Asia. The European …
Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July will be between $2.0 and $2.7 billion, while it’s estimating its own claims burden to be approximately $240 million. The …
According to catastrophe modeling firm AIR Worldwide, Severe Typhoon Usagi, the 19th named storm to form in the Northwest Pacific this year, “made landfall near the city of Shanwei (150 kilometers [94 miles] northeast of Hong Kong) in the Chinese …
A Philadelphia, Miss., man has been charged with multiple counts of insurance fraud. Attorney General Jim Hood said in a news release that 46-year-old Phillip Willis was indicted in Neshoba County on three counts of false pretense. Willis has been …
