Commercial Lines
Daimler Will Pay $2.2B to Resolve U.S. Govt. Diesel Emissions Case
Daimler AG will pay $2.2 billion to resolve a U.S. government diesel emissions cheating investigation and claims from 250,000 U.S. vehicle owners, court documents show. The German automaker and its ...
Assessment of Hurricane Sally’s Flood Damage Begins
As an Alabama resident, Toby Wallace has seen his fair share of hurricane damage working for the U.S. Federal Emergency Management Agency, where he handles flood insurance claims. But that did not ...
ITC Promises to Maximize Networking With One-Month Virtual Conference Delay
InsureTech Connect has postponed its annual (now virtual) fall conference by one month, four days before it was scheduled to go live. ITC, which produces one of the world's largest insurance ...
What Distinguishes This Market? Here’s Lockton Re Leaders’ Insights
Lockton Re's Tim Gardner, global CEO, and Ross Howard, global chairman, have been through their share of hard markets. Like many in the reinsurance business, they agree no two hard markets are ...
Dozens of Businesses Urge U.S. Carriers to Stop Covering Fossil Fuel Producers
A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer ...
Arcadian Risk Capital Launches New Bermuda Underwriting Operation
Arcadian Risk Capital is launching as a new underwriting operation based in Bermuda that will initially underwrite excess casualty and professional lines insurance. John Boylan, a 30-year veteran of ...
How Insurance Industry Might Respond if a Pandemic Is an Act of Terror
Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons, senior vice present, Underwriting, at Third Point Re, considers this possibility ...
The Latest Launches From Neptune Flood, Zurich North America and More
Neptune Flood has expanded the scope of its flood insurance products. Zurich North America launched an Occupational Accident & Employers Work Injury Liability Insurance Policy for nonsubscribers ...