Commercial Lines
Liberty Mutual and TuSimple to Assess Autonomous Truck Safety
Liberty Mutual Insurance plans to work with TuSimple, a self-driving technology company, to assess if autonomous trucks are safer than human-driven vehicles. Specifically, the companies will compare ...
How COVID Impacts Insurance in Unforeseen Ways
Having recently marked the one-year anniversary of the COVID-19 pandemic, it seems like an opportune time to consider how the pandemic has impacted the insurance industry. While business interruption ...
Global P/C Insurance M&A Activity Soared Even With Pandemic Obstacles: Conning
Global P/C insurance M&A activity was "surprisingly rigorous" in 2020 despite significant challenges created by the coronavirus pandemic, Conning said. Conning tracked $28.6 billion in ...
New FAA Rules Should Expand Commercial Use of Drones
New Federal Aviation Administration rules are expected to clear the way for expanded commercial use of drones, which are increasingly being used by insurers to assess property damage. The updated ...
Executives On The Move at Zurich and BHSI
Zurich Insurance Group named a former AXA XL executive to a newly created role that address financial lines and cyber together. Berkshire Hathaway Specialty Insurance appointed a new senior ...
Save for Cyber, Global Commercial Insurance Price Hikes Begin to Moderate: Marsh
Global commercial insurance pricing continued its double-digit growth in the 2021 first quarter, but the rate of increase dipped for the first time since late 2017, Marsh found in its latest market ...
Insurers Are Waking Up to Multi-Factor Authentication
Insurance use cases for multi-factor authentication (MFA) include distributor access, external user access (e.g., claims vendors, financial advisers), internal user access and policyholder access. ...
State Auto CFO English Plans to Retire
The veteran CFO at State Auto Financial Corp. is retiring after 21 years with the company. Steven English, State Auto's senior vice president and chief financial officer, will remain with the insurer ...