Underwriting
Travelers Plans to Stick to Current ‘Prudent’ Cyber Insurance Growth Rate
Travelers Cos Inc plans to stick to its recent growth pace for sales of cyber insurance, which protects businesses against hacking and other liabilities, despite potential to boost it, as the insurer ...
Calif. Wildfires Could Leave Behind $8B in Insured Losses: Aon Benfield
California's historic wildfires may lead to as much as $8 billion in insured losses. That's a record for insurers, according the October 2017 Global Catastrophe Recap from Aon Benfield's Impact ...
Colgate-Palmolive Settles Talc/Asbestos Lawsuit
Colgate-Palmolive Co. agreed to settle a lawsuit claiming its talcum-powder products caused a Pennsylvania woman to develop mesothelioma, a fatal lung disease tied to asbestos exposure. New ...
Climate Risks Leave Insurers Bracing for Perilous Future
After one of the worst Atlantic hurricane seasons in history, the world's biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against ...
Insurers Late to the Game With a 3-D Printing Coverage Strategy
Insurers are woefully behind in developing a coverage strategy for 3-D printing and stand to face liability problems if they don't do so, an expert appearing at the PLUS 2017 conference in Atlanta ...
Insurers Could Pay Up $1B-Plus for Las Vegas Massacre Costs
The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and ...
Global ‘Too Big to Fail’ Insurer Assessment Reportedly Going Away
Global financial regulators have decided to ditch a "too big to fail" gauge for assessing the riskiness of insurers, according to a source briefed on the matter, in a big win for companies such as ...
Small Businesses Aren’t Buying Cyber Liability Insurance: Insureon
A big challenge has emerged for carriers seeking to market cyber liability insurance: Most small businesses aren't necessarily buying the product and believe they're doing well enough with ...