Commercial Lines
COVID-19 in 2020: Most Read Business Interruption Stories
In the heat of the ongoing coronavirus pandemic, carriers have followed the issue of business interruption coverage quite closely. Here, Carrier Management highlights some of its most-read stories on ...
Argo Achieves Détente With Activist Shareholder; Board Member Added, Two to Come
Argo Group International Holdings has achieved détente with an activist shareholder that complained about the company's board and executive compensation practices during much of 2019. The ...
Commercial Lines InsurTech Bold Penguin Snatches Up E&S Brokerage Tech Platform xagent
Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines ...
Tesla Loses Effort to Block Lawsuit Claiming Racism at California Factory
A federal judge rejected Tesla Inc's effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racial hostility, clearing the way for a ...
Balance Sheets at Risk? What’s Next for Workers Comp Insurers
Although workers compensation results remain strong—and the line continues to outperform all other commercial insurance lines—worries about continued soft pricing and loss reserve levels for ...
AP Feature: 2019 Problems With PG&E Not the First
The state senators grilling the CEO of Pacific Gas & Electric Corp. were upset—like millions of other Californians, some spent days in the dark when the nation's largest utility shut off power ...
Munich Re Buys a Madison Avenue NYC High-Rise
Munich Re Group plans to acquire a 39-story Madison Avenue high-rise in New York City. Buyer and seller declined to disclose the purchase price. CBRE advised the unnamed seller, and MEAG, which had ...
Executives On The Move at Atlas Financial Holdings and Starr Insurance Companies
Atlas Financial Holdings promoted one of its founding members to a newly-created position at the company. Starr Insurance Companies appointed a veteran executive as Aviation Underwriting ...