US & Canada

US & Canada

US Navy caught prisoners by Iran's National Guard

Ransom Insurance: The US $400 Million Payment to Iran

A political scandal in the United States is shining a spotlight on an obscure and morally-questionable sector of the insurance market: kidnap and ransom...
The Hanover Insurance Group

Hanover Insurance Group’s net income down to $2M in Q2

Massachusetts-based Hanover Insurance Group has seen a sharp decline in net income in the second quarter of 2016 owing to catastrophe and large losses,...
AIG-Insurance-Group

AIG sells Mortgage Guaranty Unit to Arch Capital for $3.4 Billion...

American International Group has announced on August 15 that it would sell its mortgage-guaranty unit to Arch Capital Group Ltd, a Bermuda-based writer of...
health insurer Anthem office building

US Justice Department moves to block health insurer deals

By Caroline Humer and Carl O'Donnell NEW YORK (Reuters) - U.S. antitrust officials on Thursday moved to block an unprecedented consolidation of the national health...
cargo ship container photo

XL Catlin introduces enhanced marine cargo insurance

XL Catlin, through its Americas Marine business, has introduced an enhanced insurance policy to offer more comprehensive cargo insurance coverage on a domestic, foreign...
iPhone hacking picture

Apple vs. FBI: Narrow win for tech giant

The recent battle between Apple and the FBI over whether the tech giant should help it unlock the San Bernardino killer’s iPhone sparked a...
Donald-Trump

Trump presidency risker than terrorism

Donald Trump has been a controversial and scandalous figure ever since his announcement to join the race for the Republican nomination and subsequently run...
video

President Obama proposes changes to the unemployment Insurance system

President Obama unveiled a set of changes to the Unemployment Insurance (UI) system on Saturday aimed at providing more security for out of work...
Pennies yellow background

Startup Lemonade wants to shake up the insurance industry

New York based startup Lemonade secured around £8.5 million in funding from Sequoia Capital & Aleph last week to launch the world’s first peer-to-peer...

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