Commercial Lines
Executives On The Move at Ironshore, Capital Insurance and Willis Towers Watson
Liberty Mutual's Ironshore chose a new head of its professional and management liability division. Capital Insurance Group promoted one of its veteran executives to the position of senior vice ...
PCS Extends Catastrophe Methodology to More Asia/Pacific Countries
Property Claims Services (PCS), a Verisk subsidiary, has extended the catastrophe loss aggregation methodology, previously developed for use in Japan, to cover more territories in the region. ...
A Bayer Roundup Settlement Will Take Some Time: Lawyer
Even after three big losses in court trials and a plunge in market value, Bayer AG isn't close to settling tens of thousands of U.S. lawsuits claiming its Roundup weedkiller causes cancer, according ...
Opinion: States Unwise to Tackle Climate Change by Suing Big Oil
A growing number of cities and states want to turn climate change lawsuits against oil companies into the next tobacco or opioid litigation. In principle, that seems like a truly terrible idea. Such ...
Reading the Tea Leaves for Insurance Distribution
"Fewer, more specialized agents and brokers empowered by technology." That's how Roland Chan, CEO and Co-Founder of FindBob, responded to the question, "What does the future of commercial insurance ...
The Latest Launches From Travelers, Trov and Willis Towers Watson
Travelers is partnering with a technology company to simplify its new business and policy renewal processes by using artificial intelligence. The InsurTech Trov is launching a new product on its ...
Selective Insurance Chooses COO Marchioni as New CEO
Selective Insurance Group chose a new CEO, promoting from within its ranks as part of a long-developed succession plan. The New Jersey-based insurer announced that President and Chief Operating ...
Chubb CEO Greenberg: Insurer Has Reshaped Portfolio in Response to California Wildfires
Some insurers may be facing sizable risks stemming from the latest round of California wildfires now raging, but Chubb Chairman and CEO Evan Greenberg insists his company isn't one of them. "We do ...