Commercial Lines
J&J Settles One Risky Opioid Trial on the Cheap
Johnson & Johnson agreed to pay more than $20 million to avoid the first federal trial in which it faced accusations of helping fuel the opioid epidemic by mishandling its painkillers. Under the ...
Executives On The Move at Hamilton Insurance Group, DataCubes and HDI Global SE
Hamilton Insurance Group appointed a former Third Point Re executive to serve as SVP and head of Casualty & Specialty for its new U.S. reinsurance platform. An ex-Maiden Re chief data scientist ...
The Future of InsurTech Innovation Is Intertwined With Regulation
It's no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and InsurTech industry ...
Coming Soon: Brexit Moment of Truth for UK’s Johnson and His Strategy
British Prime Minister Boris Johnson is facing the moment of truth for his Brexit strategy as he prepares to present his blueprint for a deal to the European Union in days. The reception his plan ...
Allianz Reportedly Emerges as Frontrunner for BBVA Insurance Arm Investment
German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources close to the deal told Reuters, after Italian rival Generali pulled ...
Dairy Consolidations Drive Merger in U.S. Midwest Broker Biz
Two traditional U.S. Midwest brokerages serving the dairy market are combining their businesses as the industry consolidates. Chicago-based Rice Dairy LLC and Commodity Risk Management Group of ...
MS Amlin Exits 9 Core Markets, Refocuses on 3
MS Amlin said it will be exiting nine non-core markets that no longer fit into its long-term strategy. Instead, the London-based insurer and reinsurer and MS&AD subsidiary will pursue a new ...
Carriers, Tech Firms Struggle to Keep Up With Cyber Risks: ITC Panel
Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when they happen. How can this be? The unique makeup of cyber risks is one of ...