Commercial Lines
J&J, Bayer Settle 25,000-Plus U.S. Xarelto Suits for $775 Million
Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits alleging that their blockbuster blood thinner Xarelto caused unstoppable and in some cases fatal bleeding for a ...
FEMA Botches Handling of Personal Data From 2 Million Disaster Victims
The Federal Emergency Management Agency improperly released the personal data of some 2.3 million survivors of hurricane and wildfire disasters to a contractor, the Department of Homeland Security's ...
Berkshire Hathaway Direct: ‘Challenging the Normal’ With Three Pages
For most property/casualty actuaries, routine parts of the job involve finding comfort with insurance pricing levels and claims trends, grounded in a thorough understanding of the parameters of ...
How Climate Change Poses A National Security Threat: AP Report
The Missouri River floodwater surging on to the air base housing the U.S. military's Strategic Command overwhelmed round-the-clock sandbagging by airmen and others. They had to scramble to save ...
Pasquesi to Become Arch’s Next Chairman as Succession Process Culminates
John Pasquesi will replace Constantine "Dinos" Iordanou as Arch Capital Group Ltd.'s chairman of its board of directors in September, once Iordanou completes his term. Iordanou joined Arch in 2002 to ...
The Latest Launches From W.R. Berkley, AmWINS/Alliant and USAA/Roost
A W.R. Berkley unit expanded its product offerings to include a primary private company management liability policy. AmWINS Group Inc. and Alliant Insurance Services are partnering to service the ...
Midwest Flood Deluge Heads Closer to Mississippi River
The deluge that devastated so much of Nebraska is now moving downstream to threaten cities in Missouri and Kansas as the flood bulge makes its way toward the Mississippi River. Major flooding is ...
Rideshare Company Lyft Plans to Slash Insurance Costs and Phase in Self-Driving Vehicles
Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's ...