Underwriting
Tokyo, New York, Top Lloyd’s List of Cities Facing the Most Risks
Tokyo is the global city facing most risks to its annual economic output, due to its proximity to North Korea, according to an index compiled by the Lloyd's of London insurance market. New York ranks ...
Weinstein Co. Will Face Sexual Harassment Suit, Judge Rules
Weinstein Co. must return to New York court to face a lawsuit by women who say the firm is responsible for alleged sexual misconduct by founder Harvey Weinstein, a federal judge ruled. The bankrupt ...
Most Commercial Lines Premiums Kept Up Steady Increase in May: IVANS
Renewal premiums for most standard commercial lines products continued rising in May, according to the latest IVANS Index. Commercial auto and umbrella were two exceptions, as they grew at a lower ...
Post-Brexit UK Will Keep Focus on Financial Services: Govt. Minister
Financial services will remain a "guiding light" for Britain's economy after Brexit and there is no intention to "rip up the rulebook" to compete better as a top financial center, a government ...
Insurers Limit Cyber Coverage for Energy Companies, Leaving Taxpayers, Customers at Risk
Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for ...
GM Resolves Lawsuit Regarding Motorcyclist Struck by Self-Driving Auto
General Motors Co agreed to settle a lawsuit filed by a motorcyclist involved in a minor crash with one of its self-driving cars in San Francisco late last year, the U.S. automaker said on Friday. ...
Calif. Wildfire Relief Fund Reportedly Mulled to Address Liability Costs, Relief
California lawmakers are said to be considering a proposal to help utilities shoulder billions of dollars in potential liability costs while offering relief to wildfire victims by setting up a ...
Assurant Closes $2.5B Acquisition of The Warranty Group
Assurant has closed its $2.5 billion acquisition of rival The Warranty Group, seven months after the deal was first announced. Assurant, based in New York, offers insurance and related services for ...