Commercial Lines
China’s Ping An Insurance Sees Q3 Profit Rise
Ping An Insurance Group Co of China Ltd on Tuesday reported a 7.74% rise in net profit, its first quarterly profit increase in a year, as the country's largest insurer by market value attracted more ...
Ship Insurers Confront Arctic Headaches as Routes Open Up
When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so ...
Executives On The Move at Church Mutual, omni:us, BHSI
Church Mutual hired a former USAA executive who will become CFO after a phased succession process. Claims management software company omni:us brought on an industry veteran as a member of its Senior ...
AIG to Make Zaffino CEO and Duperreault Exec Chairman; Life & Retirement Biz to Separate
American International Group has disclosed significant leadership changes as well as plans to separate its Life & Retirement business into an independent company. Peter Zaffino, currently AIG's ...
China Fintech Giant Ant Group Poised to Raise Record $34.4B IPO
Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion from the world's largest stock market debut, with investors scrambling for a piece ...
Amazon Risks Higher Workers Comp Rates Due to Fulfillment Center Injuries
Injuries in Amazon.com Inc. warehouses could damage more than just the company's reputation. They could start to hurt the e-commerce giant's bottom line, as well. Washington state's workplace safety ...
State Judge Favors Policyholders in COVID-19 Closure Lawsuit
A judge in Durham County, North Carolina has handed down what may be the nation's first dispositive ruling in favor of policyholders in a COVID-19 business-interruption lawsuit. Superior Court Judge ...
InsurTechs Start Reaching Size and Capacity That Commands Insurance Industry Attention
The latest crop of InsurTechs began appearing in force around 2015, with promises to disrupt the insurance industry and change the world. Industry veterans have often taken those boasts with a grain ...