Commercial Lines
Executives On The Move at Liberty Mutual and Crawford & Co.
A division of Liberty Mutual Insurance announced a major promotion. Crawford & Company said that its president, UK & Ireland will be retiring, and his replacement has been named. *** Liberty ...
Millennials Win the Prize at Multitasking
Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people ...
European Insurers Are Having a Tough Time
European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies' exposure to Asia are making ...
Hurricane Dorian Gains Strength as Florida Braces for Impact
Hurricane Dorian is expected to suck powerful fuel from the warm waters off the Florida coast, swelling into a dangerous Category 4 storm in the coming days before it slams into the state early next ...
Tesla Hit With Insurer Lawsuits Over Solar Panel Fires
One evening last year, David Burek noticed charred wood and a burning smell in his attic, near his young sons' bedroom. He climbed a ladder and saw a melted connector wire from the solar panels ...
Flying Cars Have Small Niche Role in Sustainable Mobility: Research
In the 1960s animated sitcom The Jetsons, George Jetson commutes to work in his family-size flying car, which miraculously transforms into a briefcase at the end of the trip. A new study of the ...
New Broker McGill & Partners Forms U.S. Subsidiary
The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company's founder Steve McGill has confirmed. When ...
Expect $2-$3B In Annual Industry Losses From Japan Quakes: KCC
For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a more devastating quake that happened 72 years earlier could bring $225 billion ...