Commercial Lines
Could Your USB Cable Connect You to Hackers? — and More CM Risk Alerts
Some of the technology meant to help in your daily life may be hurting you as well. A modified USB cable could leave you connected to the bad guys. Your virtual assistant may be opening the backdoor ...
Executives On The Move at BHSI and Marsh & McLennan
Berkshire Hathaway Specialty Insurance hired veteran executives from RSA, Chubb and Allianz to fill three key leadership positions in Madrid. Marsh & McLennan made executive appointments in two ...
Hospital and Physician Liability Market Hardens Rapidly Due to Mega Claims: Aon
At first blush, it appears all is well within the hospital and physician professional liability market: For claims costing less than $2 million, severity is projected to increase 2% and frequency is ...
Berkshire Hathaway, Other Shareholders Sell Applied Underwriters Back to Founder
Applied Underwriters Inc. and its subsidiary North American Casualty Co. has reportedly been acquired by Applied Underwriters founder Steve Menzies, who was joined in the acquisition by the Quasha ...
J&J Offers $4B to Settle Opioid Claims; Distributors Agree to Pay $18B
Johnson & Johnson has offered to pay $4 billion to settle all claims accusing the company of helping fuel the U.S. opioid epidemic, as part of a potentially larger deal involving drugmakers and ...
UK, EU Forge Brexit Deal, but Obstacles Remain
Negotiators from the U.K. reached an agreement with officials in Brussels Thursday that could pave the way for Britain to finally break 46 years of ties with the European Union. But Northern ...
Coal and Oil Are Passé in AXIS Capital’s New Clean Energy Policy
AXIS Capital Holdings Ltd. won't insure, invest in or provide insurance or reinsurance for new coal plants or oil pipeline as part of an initiative designed to reduce climate risks and support the ...
The Latest Launches From Chubb and The Hartford
Chubb unveiled an enhanced version of a tool it offers to help an organization spot global cyber threats. The Hartford launched an updated iteration of a policy designed to deliver tailored insurance ...