Commercial Lines
Tesla, Musk Sued by Shareholders Over Robotaxi Claims
Elon Musk and Tesla were sued by shareholders who accused them of securities fraud for concealing the significant risk that the company's self-driving vehicles, including the Robotaxi, were ...
Companies Spending Record Amounts to Protect Executives as Threats Rise
U.S. companies are spending record amounts to keep their executives safe in response to rising threats and the killings of two high-profile corporate officials in separate attacks in Manhattan over ...
Berkshire Insurance Units Report Lower Q2 Operating Income Overall
GEICO was the only one of Berkshire Hathaway's major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025. But a 2.0 percent rise in underwriting ...
‘Soft Market Under Stress’ Offers Unique ‘Moment’ for Insurance Buyers
A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon. ...
Cyber Insurance Can Incentivize Resilience—If Regulators Let It
The cyber risk landscape has transformed dramatically over the past decade. Among other things, email phishing attacks have become more pervasive and sophisticated, with threat actors leveraging ...
Some Large Accounts Start Seeing Chubb’s Back as It Focuses on Middle, Small
The global middle market and small commercial is where it's at for Chubb, according to its CEO. "The pattern of growth and opportunity continues," Evan G. Greenberg said on a call with analysts to ...
All Good Things Come to an End: U.S. P/C Insurance Premium Forecast Dips
From the perspective of insurance carriers, a four-year trend of superior growth is taking an unfavorable turn, giving way to more moderate levels of increase, according to a recently released ...
‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors
The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren't always aligned ...