- Bigger risks, rewards come with Panama Canal expansion
The Panama Canal’s expansion will increase the value of insured goods and risk accumulation, Allianz Global Corporate & Specialty said Wednesday.
- Premium hikes expected on public health insurance exchanges
Based on proposed insurer filings, premiums for popular health plans offered in public exchanges in 14 metropolitan areas will rise by an average of 10%, according to an analysis released Wednesday by the Kaiser Family Foundation.
- Competition, catastrophes pressure publicly traded reinsurers: Analysis
Persistent competition among the largest publicly traded reinsurers suppressed organic premium growth during the first quarter, A.M. Best Co. Inc. said Wednesday.
- Captive insurers’ data, greater control help rein in benefits costs
SOUTHAMPTON, Bermuda — Spotting trends and centralizing monitoring and management of global health care costs are advantages that captive insurers can bring to multinational companies that use a captive to fund employee benefits, industry experts…
- Exxon wants subpoena tossed in climate change inquiry
(Reuters) — Exxon Mobil Corp.
- U.S. rekindles insider trading push
(Reuters) — A portfolio manager at hedge fund Visium Asset Management LP was criminally charged on Wednesday with insider trading.
- Business continuity plans can mitigate cyber attacks
Having a business continuity management program in place can reduce the cost of data breaches, the amount of time it takes to identify them and the likelihood of experiencing a breach over the next two years, says a Ponemon Institute L.L.C.
- EX-AIG exec joins Everest Re
Everest Re Group Ltd. named New York-based Marty Scherzer head of its structured solutions unit, Everest said in a Tuesday statement.
- Zenefits laying off employees, paying others to quit
Investors point to the human resources software startup as a cautionary tale for firms that try to grow too quickly.