Commercial Lines
Arch Capital Pretax Cat Losses Could Hit $225M, Driven by COVID-19 Claims
Arch Capital Group Ltd. has estimated a range of pretax catastrophe losses of $205 million to $225 million in the second quarter of 2020 across its property/casualty insurance and reinsurance ...
CoreLogic Meets With Investors Pursuing Unsolicited Acquisition Bid
CoreLogic Inc. met with two of its investors for the first time Tuesday to discuss their $7 billion proposal to take the real estate data company private. Representatives from Cannae Holdings Inc. ...
Google Suit Alleges Tracking in Apps Even When Users Opt Out
Alphabet Inc's Google records what people are doing on hundreds of thousands of mobile apps even when they follow the company's recommended settings for stopping such monitoring, a lawsuit seeking ...
COVID-19 Pandemic May Worsen Antibiotic Resistance Epidemic: Risk Alerts
Health care providers may be overprescribing antibiotics in an effort to ward off infections in COVID patients confined to the hospital for prolonged periods of time. The pandemic is increasing ...
Executives On The Move at Aon, Arch and Coalition
Aon appointed a new UK chairman for its Global & Specialty unit. Arch Insurance promoted a long-time executive to be Executive Vice President General Counsel of Arch Insurance North America. ...
UK PM Johnson Proposes Spending $6.6 Billion on Flood Defenses Through 2027
Prime Minister Boris Johnson proposed 5.2 billion pounds ($6.6 billion) of spending on flood defenses through 2027 as his government seeks to protect hundreds of thousands of British homes. Under the ...
Travelers Cautions Q2 Pretax Cat Losses Will Hit $854M
The Travelers Companies Inc. has become the latest P/C carrier to report sizable catastrophe losses for the 2020 second quarter. Estimated pretax catastrophe losses for Q2 reached $854 million, or ...
Executives On The Move at AGCS and AXIS
Allianz Global Corporate & Specialty SE appointed a number of new North America executive and simplified its organizational structure as part of its ongoing "New AGCS" transformation program. ...