Underwriting
XL Catlin Ups Terrorism Insurance Coverage Limits by 25%
XL Catlin said it has boosted available terrorism insurance coverage units by 25 percent in an effort to keep up with demand. Limits are now at $250 million, up from $200 million, the insurer and ...
W.R. Berkley Hires Ex-Goldman Sachs Analyst to Assess Emerging Tech Company Investments
W.R. Berkley Corp. has hired a former Goldman, Sachs & Co. analyst to evaluate potential investments in emerging insurance technology companies. The executive, Michael Nannizzi, will be part of ...
Unexpected UK Election Could Strengthen May’s Brexit Negotiating Position
U.K. Prime Minister Theresa May won by a landslide the approval she wanted for a June 8 snap election as she seeks to strengthen her mandate ahead of Brexit negotiations. Lawmakers in the House of ...
Commercial Lines InsurTechs Ask Kodiak, Bold Penguin Collaborating
Ask Kodiak, a cloud-based coverage search platform provided, announced Tuesday that its search capabilities related to carrier appetite, eligibility and product highlights have been integrated with ...
The Latest Launches From Grinnell Re and CNA
Grinnell Re is expanding with the launch of a new national reinsurance program. CNA is rolling out a number of new Aging Services general liability, professional liability, employee benefits ...
Google Glass, Voice-to-Text Still Create Driver Distractions: Research
Manual-entry tasks such as texting cause slower reaction times and more eyes-off-road glances than voice-to-text input with smartphones and Google Glass. But all of the secondary tasks beyond driving ...
Air Bag Maker Takata, Wounded by Safety Recall, Explores Rescue Talks
Potential rescuers of Japan's Takata Corp have extended talks, already in their 14th month, for a deal to take over the air bag maker at the heart of the auto industry's biggest safety recall, people ...
New Data Underscores How Common Distracted Driving Risks Have Become
With auto insurers increasingly worried about a spike in accidents related to distracted driving, results from a new study will only reinforce their fears. A little more than 52 percent of trips that ...