Underwriting
Court Docs Show Automakers Knew Earlier About Takata Air Bag Issues
General Motors Co, Volkswagen AG, Fiat Chrysler Automobiles NV and Daimler AG knew of problems with Takata air bag inflators and should have moved faster to recall vehicles, according to company ...
Chubb CUO Sees Small-Biz Market More Reachable With Low-Touch Underwriting
An industry with 75-100 percent of small commercial business potentially written on a straight-through basis—untouched by human underwriters—is on the near-term horizon, and Chubb is embracing ...
Early 2018 Air Crashes End 2017’s Record Flight Safety Streak
Three deadly air crashes that have killed 170 passengers in the past 4 1/2 weeks may indicate that 2017, the safest-ever year for aviation, represented a statistical blip. A total of five fare-paying ...
Ford Recalls 1.38M Vehicles Over Loose Steering Wheel Bolt Issue
Ford Motor Co said Wednesday it is recalling 1.38 million vehicles in North America for potentially loose steering wheel bolts that could detach, in an issue linked to two accidents and one injury. ...
Many Financial Firms Remain Unprepared for Brexit, Irish Regulator Warns
Irish Central Bank Deputy Governor Ed Sibley warned that many financial firms remain unprepared for Britain's exit from the European Union as the two sides remain at odds on their future ...
Argo Group Acquires Italian Specialty Insurer Ariscom
Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe. Neither side disclosed financial details. Argo ...
GM Reportedly Will Test Airbnb-Like Service for Personal Auto Owners
General Motors Co. plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren't using them, according to people familiar with the matter. The ...
Zurich’s Cover-More Accelerates Latin America Travel Insurance Expansion
Zurich Insurance Group is doubling down on plans to expand throughout Latin America. Weeks after agreeing to pay $409 million for the Latin American operations of Australian insurer QBE, the Swiss ...