Commercial Lines
The Hartford Reorganizes Specialty Operations in Anticipation of Navigators Acquisition Closing
The Hartford is releasing its new operating model and organizational structure set to be in place when its $2.1 billion acquisition of specialty insurer The Navigators Group closes. Plans call for ...
Ford Sued by MIT Professors Alleging Theft of Patented Tech for F-Series Trucks
The most-popular vehicle in the U.S. -- the F-Series truck -- is among the many Ford Motor Co. products using stolen technologies to run its newest fuel-efficient engines, according to three ...
Italy’s Banks Turn to Insurance Market for New Opportunities
An aging population and struggling state finances could turn into an unlikely boon for Italy's banks, which have turned to a growing market for insurance to brighten their prospects. Intesa SanPaolo ...
MGA/Carrier Partnerships Enable Cost-Effective InsurTech Automation for Small Business Risks
Some of the most exciting innovation coming out of the InsurTech movement is focused on small to midsize businesses and the brokers who serve them. New players are challenging the old model where the ...
Specialty Insurers Face Pricey Post-Wildfire Claims in Wake of Utility PG&E’s Bankruptcy Filing
Specialty insurers will likely deal with "substantial claims and losses" in the wake of the recent bankruptcy filing for California utility PG&E Corp., whose equipment may have contributed to ...
China Is Trying to Take Control of Western Data and Networks, U.S. Envoy Warns
China seeks to take control of Western data and networks, the U.S. ambassador to the European Union said, in the latest warning from Washington to its allies that they should think twice before using ...
Independent Agents Satisfied With Carrier Interactions Send More Business to Them: J.D. Power
It may be obvious to those in the industry that the more satisfied independent insurance agents are with an insurance carrier, the more business they will conduct with that carrier. But the message ...
Insurance Linked Securities Market Reached $93B in 2018: Willis Re
Growth of the insurance-linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance ...