Commercial Lines
VC Firm Eos Venture Partners Closes InsurTech Investment Fund
Eos Venture Partners said it has closed an $85 million InsurTech investment fund that will tap into new insurance industry needs. To be known as the Strategic Investment Fund, the investment vehicle ...
The Latest Launches From AXA XL and Liberty Mutual/Ironshore
Two units with AXA XL have teamed up to offer a new product for U.S. domiciled multinational businesses. A policy offered by a division of Liberty Mutual's Ironshore has been expanded to offer more ...
State of Core Solutions Transition: Which Tech Priorities Are Being Carried Out?
Presented by Majesco
You have two watches. Your first watch is analog. It has dials, gears, crystals and movements. It is a machine...
Insurance Groups Team Up on Federal ‘Business Continuity Protection Program’
Two property/casualty insurance industry carrier groups and an agents association have unveiled a proposed federal program to replace revenues lost by businesses shut down during pandemics like ...
Generali Sees Net Profit Plunge Due to COVID-19-Related Investment Losses
Generali's first-quarter net profit plunged 84.8 percent to €113 million ($124 million) from €744 million ($815.5 million) reported in Q1 2019 as a result of the impact of the COVID-19 pandemic ...
Reopened Businesses Could Face Legionnaires’ Outbreaks, and Other CM Risk Alerts
Commercial buildings closed during the lockdown may be at risk for a Legionnaires' outbreak. A new study has found a link between diesel exhaust and Parkinson's disease. Virtual meetings have been ...
Executives On The Move at Chubb and Liberty Mutual
Chubb appointed a new chief underwriting officer to lead an arm of its North America retail commercial property and casualty insurance. Liberty Mutual Insurance named a chief underwriting officer for ...
Purell Under Fire in Three Lawsuits Alleging Germ-Killing Shortfalls
Everyone's favorite hand sanitizer may have to stand trial for claiming it can stop you from getting sick. A trio of lawsuits has hit Purell's maker, Gojo Industries Inc., since the World Health ...
Altamont Capital’s Plan to Acquire Topa Insurance Has Been Suspended
The deal for Altamont Capital Partners to acquire Topa Insurance Group has been called off. Last August, Altamont Capital Partners signed an agreement to acquire Calabasas, Calif.-based Topa ...