Commercial Lines
AIG’s Zaffino Adds ‘President’ to His C-Level Titles
American International Group awarded Peter Zaffino a promotion, making him president of the insurance giant. Zaffino takes on the new role as of Jan. 1, 2020, though he'll still serve as Global Chief ...
Insurers Balk at Defending Sexual Misconduct Claims, Even With Weinstein
While Harvey Weinstein's insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get ...
TRIA, NFIP Win Renewals in Government Spending Bill
Congress is planning to use a $1.4 trillion package of two must-pass spending bills to repeal Obamacare taxes, raise the age for tobacco purchases to 21 and extend the U.S. Export-Import Bank for ...
Sydney’s Wildfire Smoke Declared a ‘Public Health Emergency’
The smoke blanketing Sydney is a "public health emergency," according to a coalition of Australian doctors and researchers who say climate change has helped fuel the wildfires that have produced ...
Bayer Seeks Reversal of $25M Roundup Verdict
Bayer AG on Monday said it has asked a U.S. federal appeals court to throw out a $25 million judgment it was ordered to pay to a California man who blamed the company's Roundup weed killer for his ...
British Regulator Explores Data Sharing Expansion Into Insurance, Other Industries
Britain's Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and ...
Nationwide Opens Innovation/Collaboration Space
Nationwide's new center, designed in part to foster innovation and greater collaboration on product development, is open for business. Named The CoOperative, the center will be based at the former ...
U.S. Agency Will Investigate 12th Tesla Crash Connected to Possible Autopilot Use
The U.S. auto safety agency said on Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a ...