Latest News
Canadian Company to Acquire Zenith National
Los Angeles Business Journal | 24 minutes ago
Zenith National Insurance Corp. and Fairfax Financial Holdings Ltd. said Thursday that they have entered into a merger agreement, under which Fairfax will acquire the Woodland Hills workers compensation insurer in a deal valued at $1.4 billion.... (more)
Auto Insurer Revs Measure's Motor
Los Angeles Business Journal | 24 minutes ago
L.A.-based auto insurer Mercury General Corp. is spending millions of dollars to convince California voters to make it easier for the company to woo customers of its rivals.... (more)
Insurance News
InsuranceNewsNet | 25 minutes ago
It's a storytelling axiom that "man bites dog" is more compelling news than "dog bites man." With California's Proposition 17, there's a lot to chew on.Dog bites man: The Association of California Insurance Companies endorsed the ballot measure to allow insurance companies to lower premiums for drivers who have continuously maintained automobile insurance coverage, even if they switch insurers. To proponents, it's just an extension of loyalty discounts for customers of a single company, which...... (more)
Climate Change Action Debated At WIF Session
National Underwriter | 1 hour 39 minutes ago
While some insurers are taking action to cope with climate change, there is a public perception that the industry is an obstacle to dealing with the issue, insurance professionals said. ... (more)
U.K. Regulator Bans Former Merrill Trader
Wall Street Journal, The | 3 hours 44 minutes ago
LONDON?The U.K. financial regulator has banned a former proprietary trader at Merrill Lynch International Bank in London, who was dismissed for mismarking his trading positions by about $100 million last year and who had claimed his heavy work load and a lack of time off had left him "mentally exhausted... (more)
UK regulator bans ex-Merrill Lynch trader
Pittsburgh Post-Gazette | 3 hours 48 minutes ago
LONDON - British regulators today banned a former trader at Merrill Lynch International Bank from working on financial markets after he manipulated his accounts by about $100 million last year to hide growing losses.... (more)
Insurers Understand Risk Better Than Banks, WIF Told
National Underwriter | 5 hours 41 minutes ago
The recession of 2008 has demonstrated tpat insurers understand their risks better than banks, an insurance executive advised at an industry conference. ... (more)
Swiss Re Warns Of Risk Of High Catastrophe Losses In 2010
Wall Street Journal, The | 9 hours 39 minutes ago
Of DOW JONES NEWSWIRES ZURICH (Dow Jones)--Swiss Reinsurance Co. (RUKN.VX) Tuesday warned of massive rises in catastrophe-related losses around the globe in 2010--a year that has already seen estimated losses topping $10 billion for natural disasters in South America and Europe.... (more)
Zurich Considering New China Life Fundraising; Future P/C Growth
Insurance Journal | 9 hours 40 minutes ago
Copyright Reuters Zurich Financial Services is actively talking with sovereign wealth fund China Investment Corp and major steelmaker Baosteel on fundraising plans for their venture New China Life Insurance, a Zurich Financial executive said on Tuesday.... (more)
Former Merrill Lynch trader banned for five years
Guardian (London), The | 9 hours 46 minutes ago
FSA director of enforcement and financial crime Margaret Cole said the actions of Alexis Stenfors had fallen 'far short' of industry standards... (more)
Food Standards Agency - The future for meat hygiene controls
Food Standards Agency (London) | 10 hours 23 minutes ago
The Food Standards Agency has started a programme of work to review the current system of regulation of meat hygiene inspection activities and enforcement (known as 'meat official controls').... (more)
35 Stories | 
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Companies in the news
- AXIS Capital Holdings Ltd.
- American Family Insurance
- Catlin Group Ltd.
- Citizens Property Insurance Corp.
- Clarks
- Crawford
- FSA
- Fairfax Financial Holdings Ltd.
- HCC Insurance Holdings Inc
- Hiscox
- Max Capital Group Ltd.
- Mercury General Corp.
- Montpelier Re Holdings Ltd.
- Point West
- Swiss Reinsurance Co.