Commercial Lines
Insurance Information Institute Beefs Up Communications Staff
The New York-based Insurance Information Institute (I.I.I.) has appointed two new full-time employees with experience in consumer education, media relations, public affairs and strategic ...
Cryptocurrency Thefts and Scams Reached $1.7B in 2018: Report
Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according to a report from U.S.-based cyber security firm CipherTrace ...
$27 Billion: Predicted Insurance Payout for Global Malware Attack
A co-ordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion, a hypothetical scenario developed as a stress test for ...
Technology, New Risks Will Keep D&O Pricing Pressure On: A.M. Best
Directors and officers liability insurance will confront continued pricing pressure for the foreseeable future, hammered by everything from intense competition to a number of new risks, A.M. Best is ...
Chubb Seals 15-Year Distribution Deal With Chile’s Largest Bank
Chubb Ltd. is boosting its presence and digital capabilities in Latin America by way of a 15-year distribution agreement with Banco de Chile, the largest bank based in Chile. "This partnership will ...
The Latest Launches From PIMCO/Allianz, Everest and AmWINS/AXIS
PIMCO will work with corporate parent Allianz to launch its property/casualty insurance-linked securities business. Everest Insurance now offers property, commercial auto and workers compensation ...
These Are the Ways the UK Parliament Brexit Votes Could Go
U.K. Prime Minister Theresa May faces a series of votes on Tuesday that could change the direction of Brexit. Two rival factions in Parliament are trying to take control. If one wins, Brexit will ...
The Word on Main Street: What Small Businesses Really Want From Insurers
Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They're generally happy with their business insurance. Each owns a business at the downtown pedestrian mall ...