Underwriting
VW Dealt a $3.7B Lawsuit in Germany Over Diesel Scandal Coverup
Volkswagen AG is being sued for 3.3 billion euros ($3.7 billion) over the cover-up of its polluting diesel engines, its biggest legal challenge in Germany after a wave of lawsuits in the U.S. ...
Executives On The Move at CNA, Ironshore and Beazley
CNA recruited a former Chubb executive for a key role. Ironshore hired on a new executive will help build its London-based underwriting property program business. Beazley appointed a former Hiscox ...
GM Ignition-Switch Case Plaintiffs Face Critical Legal Tests
People suing General Motors Co over a faulty ignition switch will get two chances in a Manhattan court this week to argue that the U.S. automaker should be held accountable for injuries, deaths and ...
Is ‘Flat’ the New Buzzword for Commercial Insurance Pricing?
"Flat" is close to becoming the new buzzword for commercial insurance pricing. For the 2015 fourth quarter, pricing barely ticked up 1 percent, according to Willis Towers Watson's updated survey of ...
Germanwings Crash Probe Proposes Airline Insurance to Address Pilot License Loss
Pilots would lose privacy protection for health records and airlines would need insurance when the employees lose their license under a proposal from the French air-safety agency that investigated ...
Insurers Now See Nonprofits as Special Sector with Unique Risks
When Pamela Davis started in the insurance industry 26 years ago, there were few insurance markets willing to take on the unique risks of nonprofit organizations. Back then, says Davis, who is now ...
The Disconnect Between Underwriting and Claims Handling Revisited
Almost three years ago, Carrier Management published an article titled "The Underwriting-Claims 'Disconnect' in Casualty Insurance: An ERM Issue?" The article reported on one of the sessions of ...
New Zurich CEO Greco Rallies Troops with Call for Clear Strategy
Zurich Insurance Group AG needs a clear and simple strategy to rebuild investor confidence as the company tries to turn around its struggling general insurance unit, said Mario Greco, the firm's new ...