Commercial Lines
1 in 4 U.S. COVID-19 Deaths Are Coming From Nursing Home Residents
Nursing home residents account for nearly 1 in 10 of all the coronavirus cases in the United States and more than a quarter of the deaths, according to an Associated Press analysis of government data ...
A Primer on London’s Former Role Insuring the Atlantic Slave Trade
London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of history and racism. This reappraisal was triggered by the death of George Floyd, a black man ...
Maximizing the Value of ‘New Data’ in Commercial P/C Insurance
While there's a great deal of speculation surrounding the COVID-19 pandemic's immediate and longer-term effects on the insurance industry, one key trend is sure to stick: commercial P/C insurers will ...
Swiss Re Appoints Leger as Chief Underwriting Officer as Schmid Steps Down
Swiss Re announced the appointment of Thierry Léger as the group chief underwriting officer, effective Sept. 1, 2020. At the same time, the reinsurer announced it is restructuring its life ...
The Latest Launches From W.R. Berkley and Bold Penguin
W.R. Berkley Corp. member company Berkley One is debuting a Recreational Marine product, along with enhancements in five states. InsurTech startup Bold Penguin added Ohio-based State Automobile ...
Australia Government, Critical Infrastructure Targeted by State-Based Hackers
Australia's government, health and education services and various industries are being targeted by sophisticated state-based cyber attacks, Prime Minister Scott Morrison said Friday. Morrison said ...
AGCS Gets Negative Outlook From S&P Over ‘Weak Underwriting Performance’
Allianz Global Corporate & Specialty faces an outlook downgrade from S&P Global Ratings. The ratings agency revised its outlook for AGCS to negative from stable, while at the same time ...
Insurers Worry About Legionnaires’ Risks as Buildings Reopen
Commercial insurers are scrutinizing building managers' efforts to avoid outbreaks of Legionnaires' disease as they re-open movie theaters, gyms, schools and offices that had been closed for months ...