Commercial Lines
Fiat Chrysler Will Pay $10M to Resolve U.S. Investor Suit Over Diesel Controversy
Italian-American automaker Fiat Chrysler Automobiles NV has agreed to pay $110 million to settle a lawsuit alleging it misled U.S. investors over excess diesel emissions and failed to comply with ...
Insurers See Opportunity With Quick-Paying Parametric Disaster Insurance for Public Sector
Some of the world's largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The ...
Chubb CEO Greenberg Continues Push for a More Humane (and Business-Savvy) Immigration Policy
For the second year running, Chubb Chairman and CEO Evan Greenberg is railing against the U.S.'s current immigration policy. Greenberg, without mentioning U.S. President Donald Trump by name, used ...
Executives On The Move at BHSI, Liberty Mutual and TigerRisk
A former Pembroke Managing Agency executive joined Berkshire Hathaway Specialty Insurance to run its new Transactional Liability Insurance operations in Asia and the Middle East. Liberty Mutual ...
The Latest Launches From AXA XL and Everest Insurance
AXA XL's North America marine insurance business added to its inland marine coverage. Everest Insurance revamped its Multinational coverage form. *** AXA XL's North America marine insurance business ...
Carrier Lobbyists Argue Tax to Fund Wildfire Prevention Would Harm Insurance Consumers
Lobbyists for the property/casualty insurance industry are trying to prevent a $125 million jump in Washington's insurance premium tax that would fund wildfire prevention and suppression. The tax ...
London Stock Exchange Readies Operations for No-Deal Brexit
The London Stock Exchange said its pan-European platform Turquoise would shift trading in euro-denominated shares to its new Dutch hub if Britain leaves the European Union at the end of the week ...
This Time, J&J Wins Trial Involving Talc Cancer Claims
Johnson & Johnson won the latest trial over claims its iconic baby powder can cause cancer, as a jury in Long Beach, California, rejected a lawsuit brought by a 65-year-old retired teacher who ...