Commercial Lines
Traffic Deaths in Fracking Towns are Deadly Side Effect of Booming Business
Booming production of oil and natural gas has exacted a little-known price on some of the nation's roads, contributing to a spike in traffic fatalities in states where many streets and highways are ...
Good News for Workers Comp Industry: NCCI
The fact that the workers compensation combined ratio was 101 in 2013, a seven-point decrease from 2012 and a 14-point decline since 2011, is a sign that the workers comp market is returning to a ...
Commercial Auto Insurers Canal and Lancer Get New A.M. Best Outlooks
Oldwick, N.J.-based A.M. Best issued revised outlooks for two commercial automobile insurance specialists yesterday—Canal Insurance Company and Lancer Insurance Company—changing Canal's outlook ...
What’s Next for Cyber Insurance?
There's a saying in the cybersecurity industry that there are two types of businesses today: those that have been breached and know it, and those that have been breached and just don't know it. ...
Company Data Breach Now Costs $3.5M on Average: Ponemon Study
The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a study by the Ponemon Institute. The study also found that the cost incurred for each ...
Endurance to Continue Push for Aspen Deal; First Strategic Combo Since ACE-CIGNA, CEO Says
Executives at Endurance Specialty Holdings said they will continue to try to engage Aspen Insurance Holdings in negotiations related to Endurance's bid to acquire Aspen—a dialogue that Endurance ...
California Comp Underwriting Profit Unlikely in 2014: Fitch
Although premium rate increases and market reforms will help to improve the underwriting results of California workers compensation insurance writers, they will still see underwriting losses in the ...
AIG’s Q1 P/C Results Dip, But Execs Promise More Even Year
Two years after repaying a U.S. bailout, American International Group Inc. faces another challenge: a big decline in net income and a dip in property/casualty insurance results during its 2014 first ...