Commercial Lines
Dealing With COVID WC Vaccine Liability When the Office Reopens
As the owner of my own company, a lot of work, research and tension has accompanied our reopening plans. While our team is extremely excited about seeing each other in person, as a business owner, ...
Chubb Awards $1.1M in New Philanthropic Grants to Fight Racism
Chubb said it is strengthening its efforts to fight racism in America's justice system through $1.1 million in new philanthropic grants. The money is divided into four grants designed to promote ...
MGA Corvus Pulls in Another $15M; Company Provides Smart Commercial Insurance Products
Corvus Insurance raised another $15 million that the Boston-based InsurTech startup will use to fuel further growth. The company, which debuted in 2017, is an MGA focused on providing smart ...
Executives On The Move at Hamilton, Aspen and Markel
Hamilton Insurance Group, Ltd. appointed a new Head of Allied Medical for its U.S. excess and surplus (E&S) business. Aspen Insurance Holdings Limited named a new Group Chief Actuarial Officer. ...
Energy Companies Globally Risk Legal Action After Landmark Shell Climate Change Ruling
A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around ...
U.S. P/C Insurance Customers Aren’t Too Happy With Digital Improvements: J.D. Power
Property/casualty insurers, particularly after a year of pandemic-related quarantines, are increasingly shifting to digital distribution channels. Customers aren't particularly happy with the ...
2020 Cyber Insurance Claims Spike Counteracted Premium Jump, Hurting Underwriting Results
Cyber insurance premiums are soaring, but a spike in claims led to a decline in 2020 underwriting performance, according to a new Fitch Ratings update. Standalone cyber insurance generated an ...
Congress Is Exploring the Idea of Federal Reinsurance for Cyber-Terrorist Attacks
A research arm of Congress is studying the costs of cyber attacks on the U.S. infrastructure and whether the backup provided by the federal Terrorism Risk Insurance Program (TRIP) is adequate for ...