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insurance losses
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Automakers To Add Automatic Braking In US Vehicles By 2022
Mar 21, 2016Automobile majors have reached an agreement to include automatic emergency braking in almost all the vehicles in the US by September 2022. The agreement by 20 auto majors has been announced by the US Department of Transportation's ...
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ACE Reported Net Income of $953m During The First Quarter of 2013, with a Decrease of 2%
Apr 24, 2013Property and casualty insurer ACE has reported net income of $953m during the first quarter of 2013, with a decrease of 2% compared to $973m during the corresponding period earlier year. For the latest quarter period ended on 31 March ...
Tags: ACE, Net Income
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Fairfax Completed Sale of Its Stake in Florida-Based Insurance Firm Cunningham Lindsey
Dec 13, 2012Fairfax Financial Holdings has completed sale of its stake in Florida-based insurance firm Cunningham Lindsey for proceeds of nearly $270m. The acquisition follows an agreement signed between Luxembourg-based CVC Capital Partners and ...
Tags: Fairfax Financial Holdings, Cunningham Lindsey, insurance, stake
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Best and Worst Cars for Injuries and Overall Damage Claims Is Revealed by Insurance Data
Dec 10, 2012The Highway Loss Data Institute (HLDI) recently released their claims data showing which vehicles have the highest and lowest overall insurance losses. The safety research organization found that even though many vehicles now do well in ...
Tags: Damage Claims, vehicles, insurance losses
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CVC Has Agreed to Purchase Insurance-Claims Adjuster Cunningham Lindsey
Dec 7, 2012Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...
Tags: insurance-claims, CVC Capital Partners, Fairfax, insurer
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CVC Has Agreed to Purchase Insurance-Claims Adjuster Cunningham Lindsey
Dec 4, 2012Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...
Tags: CVC, Bes, board of directors, insurance
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Hurricane Isaac Will Cause Insurance Losses Between $700m-$2bn in The US
Dec 4, 2012Catastrophe modeling firm AIR Worldwide has forecasted that Hurricane Isaac will cause insurance losses between $700m-$2bn in the US. The calculation of losses includes wind and storm surge damage to onshore residential, commercial and ...
Tags: AIR Worldwide, catastrophe modeling, Hurricane Isaac, insurance loss