Underwriting
AmTrust Monetizes Tech Prowess With $200M Sale to National General
AmTrust Financial Services is pocketing $200 million by selling to National General Holdings Corp. a personal lines policy management system it developed for the insurer. National General will pay ...
Hurricane Irma Destroyed 25 Percent of Homes in the Florida Keys, FEMA Says
Search-and-rescue teams made their way into the Florida Keys' farthest reaches Tuesday, while crews labored to repair the single washed-out highway connecting the islands and rush aid to Hurricane ...
The Latest Launches From Travelers, AGCS and Liberty Mutual/Ironshore
Allianz Global Corporate & Specialty launched a new online distribution platform targeted to small commercial business accounts. Travelers is beefing up its coverage for directors and officers ...
Self-Driving Trucks May Arrive Before Taxis: Waymo CEO Prediction
Alphabet Inc.'s driverless vehicle technology may come to market first in trucks, rather than as an autonomous ride-sharing service. John Krafcik, chief executive officer of Alphabet's Waymo ...
Munich Re Warns Harvey, Irma Storms Could Erase Q3 Profit, Challenge 2017 Target
Munich Re, the world's largest reinsurer, said storms led by Hurricanes Harvey and Irma will probably wipe out third-quarter profit and threaten the company's ability to meet its full-year earnings ...
Travelers’ Hurricane Harvey Pretax Losses Could Reach $750M
The Travelers Companies said it will deal with as much as $750 million in pretax catastrophe losses stemming from Hurricane Harvey. It's still early yet, so Travelers disclosed an estimate with a ...
Streams of Raw Sewage Overwhelm Cities Slammed by Hurricanes Harvey and Irma
Hurricane Harvey took aim at one of the nation's most industrial regions, releasing a stream of toxic pollutants from chemical plants, refineries and Superfund sites in Texas. But when its bigger ...
Insurance Holding Company Alleghany Is Selling PacificComp to CopperPoint Mutual for $150M
Alleghany Corp. will sell off workers compensation carrier Pacific Compensation Insurance Company (PacificComp) to a rival for $150 million in cash. Arizona-based CopperPoint Mutual Insurance Company ...