Commercial Lines
Louisiana Is at Risk From Heavy Rain and Possibly Hurricane Barry
A gathering storm in the Gulf of Mexico that's already flooding New Orleans could grow into a hurricane before slamming into Louisiana this week, drenching the region with as much as a foot of rain. ...
Volvo Makes Viable Limited Use of Commercial Autonomous Trucks
Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment. Driverless ...
Marriott’s Massive Privacy Breach Could Lead to a $124M UK Fine
The massive hacking of Marriott International Inc. reservation databases could lead to a 99 million-pound ($124 million) fine as the U.K. cracked down on privacy breaches with its second major ...
Expertise and Investment: What Munich Re Digital Partners Brings to InsurTech Partnerships
Three years may not be a long time, but the head of Munich Re Digitial Partners in North America says his operation has made the most of it. David Brune became CEO of Digital Partners' North American ...
Startup Focused on Digital Customer Interactions for Insurers and Others Raises $14.5M
A startup focused on developing a platform guiding digital customer interactions for insurers and other businesses has raised $14.5 million in new financing. Lightico said that Mangrove Capital ...
Executives On The Move at The Hartford and W.R. Berkley
The Hartford named a long-time executive with the company to lead its Middle and Large Commercial insurance business in the Northeast. An executive previously with The Navigators Group is joining ...
Dog Collar Liability Ruling Could Harm Amazon’s Broader Business Model
A federal court ruling that Amazon.com Inc. can be held liable for a dog collar sold on its website that partly blinded a woman could complicate the online merchant's business if it is applied ...
Expect Fewer, Bigger and More Tech-Savvy P/C Insurance Agencies in the Future
There will be fewer insurance agencies operating in the property/casualty insurance industry in the future and those that remain will be larger and more tech-savvy, says an insurance-focused ...