Commercial Lines
Risks Rise Significantly for Company Execs Seeking D&O Cover
The range of risks facing company executives, or directors and officers (D&Os), has increased significantly in recent years along with resulting insurance claims, according to a report published ...
Facing Thousands of Lawsuits, J&J Claims New Tests Show Asbestos-Free Baby Powder
Johnson & Johnson said on Tuesday that recent tests showed that Johnson's Baby Powder was free of asbestos, after U.S. Food and Drug Administration investigations reported trace amounts of the ...
P/C Insurance Market Typically Soft, Analysts Say
Property/casualty insurance carrier executives are challenged to predict the likely state of the market as they shape go-forward strategies for their companies. While 2020 may be a bit off course, ...
U.S. Regions Struggling With Opioids Pursue Own Lawsuits, Ditch Class Action
Local governments in regions hard hit by the U.S. opioid epidemic have opted out of massive litigation taking aim at the drug industry over the crisis, potentially weakening a novel legal mechanism ...
Chubb, QBE North America Vet Grange Joins Argo Group in Leadership Role
Argo Group International Holdings has hired Chubb and QBE North America veteran executive Jeff Grange in a leadership role. Grange will serve as executive vice president for U.S. operations at the ...
Ping An’s One Connect Arm Goes Public in U.S. With Reduced Targeted Offering
Ping An Insurance's OneConnect Financial Technology launched a U.S. initial public offering (IPO) of up to $504 million on Tuesday, reducing both its target offering size and valuation. The unit of ...
Executives On The Move at QBE North America, Marsh and AXA
QBE North America appointed a new chief legal officer. Marsh hired a former CoverHound executive to lead its cloud-based digital broker platform for the affinity market. AXA Equitable Holdings, Inc. ...
Price Disputes Stall Generali’s Talks to Buy MetLife Europe Assets
Assicurazioni Generali SpA's talks over the purchase of MetLife Inc.'s European assets have stalled over price, people with knowledge of the matter said. The Italian insurer was preparing to make a ...