Commercial Lines
Lawsuit Alleges Tesla’s Futuristic Door Handles Contributed to Death in Burning Car Crash
The futuristic door handles on Tesla Inc.'s Model S are being blamed for a fatal crash in which a police officer was unable to pull a man to safety from his burning car. Omar Awan, a 48-year-old ...
UK’s Johnson Seeks End to Neverending Brexit With Dec. 12 General Election
U.K. Prime Minister Boris Johnson will seek a general election on Dec. 12, setting up a national vote on his Brexit strategy. Johnson briefed his cabinet on Thursday afternoon and announced that a ...
China’s Ping An Insurance Boosts Q3 Profit Through Investment and Banking Income Gains
Ping An Insurance (Group) Co., China's largest insurer by market value, said third-quarter profit jumped 50 percent thanks to higher investment returns and banking income. Net income rose to 31.9 ...
Startup Constellation Insurance Holdings Raises $500M to Invest in M&A, Demutualizations
Constellation Insurance Holdings, founded by industry veteran Anurag Chandra, former CEO of Prosperity Life Insurance Group, has partnered with Canadian institutional investors, Caisse de dépôt et ...
Beazley Makes Strategic Investment in Hong Kong’s Pegasus Underwriting
Beazley, the London-based specialist insurer, is making a strategic investment in Hong Kong-based coverholder Pegasus Underwriting Ltd. The investment will see Beazley become a 30 percent shareholder ...
What Do Power Outages, Wildfires and Vaping Bans Have in Common?
Power outages, wildfires and vaping bans do not appear similar at all, but in the rush to protect consumers and constituents from harm, companies and state legislators may be creating an entirely ...
Executives On The Move at Nationwide, CLARA Analytics and CAS
Nationwide named its new chief marketing officer and beefed up the responsibilities of its chief strategy officer to cover innovation-related nitiatives. CLARA Analytics, a provider of artificial ...
The Latest Launches From AIG, Aon and Risk Strategies
AIG is planning a new syndicate at Lloyd's designed to serve the specialist U.S. high net worth market. Aon announced the launch of an Aon-wide group created to increase the value and holistic ...