Commercial Lines
Executives On The Move at Great American and Markel
Great American Insurance Group promoted a rising executive within its Property & Casualty Group. A former Allianz executive joined Markel Corp. as Environmental Product Line Leader. *** Great ...
Boeing Will Pay $2.5B to Resolve U.S. Criminal Probe of 737 MAX Crashes
Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to ...
Norwegian Landslide Will Cost Insurers $107M
COPENHAGEN, Denmark (AP) – A landslide that swept away homes in a residential area north of the Norwegian capital will cost insurance companies at least 900 million kroner ($107 million), a ...
BI Innovation Coming Soon: Low-Limit Policies From InsurTech Thimble
See a need and then fill it. That's the secret of most successful businesses—and that was the driving motivator of InsurTech Thimble, which is currently working on coverage for small business ...
2020 Temperatures Rounded Off Hottest Decade, Hit Record
Last year tied with 2016 as the world's warmest on record, rounding off the hottest decade globally as the impacts of climate change intensified, the European Union's Earth observation service said ...
Chubb CEO Greenberg Condemns Trump Rally Violence and ‘Demagoguery’
Over the last four years, Chubb CEO Evan Greenberg has railed against U.S. President Donald Trump's actions and his administration's policies. Jan. 6 was no different. After a Trump rally spurred a ...
European Companies Will Seek Insurance, Healthcare and Other Assets in China
European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world's second-largest economy and the European Union agreed to an ...
Natural Catastrophe Damages Reached $210B in 2020: Munich Re
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, ...