Underwriting
It Burns: EU Court Rules Airlines Can Be Held Liable for Spilled Coffee
It might be harder to get hot coffee at 30,000 feet after the European Union's top court said that airlines can be held responsible for injuries caused by spilled drinks, even if it isn't clear how ...
Personal Info of 15M Canadians at Risk After LifeLabs Hacking
Canadian laboratory testing company LifeLabs disclosed on Tuesday that it had suffered a cyber attack that may have compromised the personal information of some 15 million customers, primarily in the ...
MS Amlin Will Exit Several Classes of U.K. P/C Business
MS Amlin, the London-based insurer and reinsurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, ...
Southwest Reaches Partial Settlement Deal With Boeing Addressing Projected 737 MAX Damages
Southwest Airlines Co said on Thursday it had reached a confidential compensation agreement with Boeing Co for a portion of a projected $830 million hit to operating income in 2019 arising from the ...
Safeway Insurance Group Earns A.M. Best Ratings Outlook Upgrade
Safeway Insurance Group gained a ratings outlook upgrade from A.M. Best, thanks to solid rate increases and a number of strategic initiatives the ratings agency views as positive developments. A.M. ...
Robust Personal Auto Insurance Market Will Slow in 2020: Fitch Prediction
Don't expect the U.S. personal auto insurance market to continue in 2020 with the strong results seen in 2018 and likely for 2019, Fitch Ratings said in a new report. Fitch said that "shifting market ...
TRIA, NFIP Win Renewals in Government Spending Bill
Congress is planning to use a $1.4 trillion package of two must-pass spending bills to repeal Obamacare taxes, raise the age for tobacco purchases to 21 and extend the U.S. Export-Import Bank for ...
Sydney’s Wildfire Smoke Declared a ‘Public Health Emergency’
The smoke blanketing Sydney is a "public health emergency," according to a coalition of Australian doctors and researchers who say climate change has helped fuel the wildfires that have produced ...