Commercial Lines
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits
A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender's executives for ...
34% of Workplace Injuries Occur in First Year on the Job: Travelers
More than a third of workplace injuries occur during employees' first year on the job, regardless of age or industry experience, according to a new report from ...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade
The year-over-year decline in D&O insurance prices for the first quarter of 2023 is greater than any prior drop over a comparable period in more than a decade, historical information presented in ...
Roof Damage Research: Small Hail Matters
New analysis by the Insurance Institute for Business & Home Safety (IBHS) and ZestyAI, a climate and property risk analytics provider, finds property/casualty insurance carriers need to broaden ...
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’
W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market "down the drain."
Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB Collapse
Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies ...
Executive Viewpoint: Taking the Next Step on Cyber War Exclusions
Cyber insurance has been a success story since the late 1990s, offering companies protection for one of their leading emerging risks. In my opinion, the most important ...
Russian Hackers Target Western Critical Infrastructure, UK Warns
The UK government's cyber defense agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and ...
Amazon Worker Injuries Dipped Last Year, but Higher Than 2020
Amazon's total injury rate for warehouse workers took a dip last year, but injuries were still worse than they were in 2020, according to an analysis released Wednesday ...