Commercial Lines
J&J’s Contribution to Potential U.S. Opioid Settlement Could Hit $5B
Johnson & Johnson said on Tuesday it will contribute up to $1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing its ...
Hurricane Delta Could Cost Insurers $1.25 Billion: KCC
Hurricane Delta could end up costing insurers close to $1.25 billion, according to a new report from catastrophe risk modeling firm Karen Clark & Company. The loss estimate includes $950 million ...
Executives On The Move at Munich Re, BHSI and Willis Towers Watson
Munich Re Specialty Insurance has a new Chief Underwriting Officer. Berkshire Hathaway Specialty Insurance named an underwriting executive in Ireland. Willis Towers Watson hired a director for ...
Widespread Working From Home Won’t Go Away: Viewpoint
The Covid-19 pandemic has crushed the economy, sent joblessness soaring, and killed over a million people worldwide. But there are a few ways in which the pandemic may prompt society to improve, and ...
Swiss Re, Auto Maker Daimler Launch MGA Focused on Auto and Mobility Insurance
Swiss Re and Daimler Insurance Services are jointly launching a managing general agent focused on automotive and mobility insurance. Dubbed Movinx, the aim of the 50/50 joint venture is to develop ...
A Look at What InsurTech Investors Should Embrace and Leave Behind
Which technology should InsurTech investors move away from, and what should they embrace instead? These are typical questions investors in the space (and others) must ask themselves over time, in ...
Public-Private Partnership Warranted to Help Businesses Harmed by COVID-19: A.M. Best
A public-private partnership or an outright government program will be both necessary and warranted to help businesses harmed by COVID-19, A.M. Best said in new commentary. One reason why: the ...
Insurers Express Confidence Over Vaccine Trial Coverage
The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific ...