Flooding, a 7.7 magnitude earthquake and tsunami combination, and a super typhoon highlighted what was a busy October for catastrophes, in what has already been an active year, Aon Benfield said in a new report.

Novarica, a research and advisory firm focused on operations and technology strategy for insurers and financial institutions, launched the inaugural edition of its Novarica Cool Capabilities report series.

The Chubb Corporation announced that Kathleen M. Tierney will succeed Andrew A. McElwee Jr. as chief operating officer of Chubb Personal Insurance, effective immediately.

Read the findings of Chubb Private Co.'s Risk Survey.

Since 2005, employees' share of health premiums increased by 47 percent.

Oracle announced it has agreed to acquire Art Technology Group, Inc., a provider of e-commerce software and related on-demand commerce optimization applications.

The U.S. fell from second to fourth position, behind Switzerland, Sweden and Singapore, according to global competitiveness report.

Coccia was previously the editor of Business Insurance magazine with more than 20 years of journalism experience.