Commercial Lines
Beazley Goes After Life Sciences Startups With New, Targeted Liability Cover
Specialist insurer Beazley now sells life sciences liability coverage specifically designed for small businesses and startups in the sector. "As the life sciences sector continues to expand at a ...
U.S. Commercial Lines Market Has Stable Outlook for 2020: A.M. Best
The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite "improved market conditions and solid levels of risk-adjusted ...
Brit Debuts First ILS Fund in Lloyd’s of London Market
Specialty insurer Brit Ltd. has launched Sussex Specialty Insurance Fund to offer insurance linked securities (ILS) investors access to Lloyd's risk. It is the first ILS fund in the Lloyd's of London ...
Severe Sydney Air Pollution Setting Off Fire Alarms
Bushfire smoke smothered Sydney on Tuesday, setting off fire alarms, suspending ferry services and triggering health warnings over choking air pollution. The Sydney Opera House and harbor bridge were ...
Insurers,Technology Top List for Germany’s Best-Performing Funds in 2020
Even in Europe's industrial heartland, the best investors are shunning manufacturing stocks and putting their money in local tech companies. DWS Concept Platow, this year's top-performing German ...
U.S. Commercial Insurance Prices Accelerated Higher in Q3: Willis Towers Watson
U.S. commercial insurance prices continued to accelerate in the 2019 third quarter at a pace not seen for years, Willis Towers Watson said in a new report. "This quarter we saw the largest overall ...
Arizona Opioid Case Against Purdue, Sackler Family Rejected by SCOTUS
The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family - owners of Purdue Pharma LP - ...
California Utility’s $13.5B Settlement With Fire Victims Sends Stock Soaring
PG&E Corp. surged to a two-month high after reaching a $13.5 billion settlement with the victims of wildfires ignited by its power lines -- a major step toward resolving the biggest utility ...