Commercial Lines
Executives On The Move at W.R. Berkley Corp. and AXIS Capital Holdings
W.R. Berkley Corp. promoted two executives: one within its Berkley Public Entity arm and the other at its Admiral Insurance Unit. AXIS Capital Holdings Ltd. appointed an executive to its board of ...
Munich Re Closes Acquisition of IoT Startup That Helps Companies Pursue ‘Digital Transformations’
Munich Re has closed its acquisition of relayr, an Internet of Things-related software company in which it had initially invested in 2016. The acquisition, through Munich Re subsidiary Hartford Steam ...
British Airways Warns an Additional 185,000 Customers May Have Been Hit in Cyber Attack
International Airlines Group said an investigation into the theft of customers' data at its British Airways subsidiary showed hackers may have stolen the personal information of a further 185,000 ...
Hurricane Maria Aftermath: Carriers Leave 13,600 Unresolved Claims a Year After Storm
Thousands of Puerto Ricans have been forced to drain their savings, close their businesses, or resign themselves to living with structural damage as they fight insurance companies over millions of ...
Super Typhoon Yutu Slams Into Northern Mariana Islands at Historic Strength
Super Typhoon Yutu battered the Pacific Ocean's Northern Mariana Islands with 178 mile (286 kilometers) per hour winds, making it the strongest storm to hit the U.S. territory since 1950. The storm's ...
MAPFRE, Insurance Agents Help Towns Get Back to Normal After Gas Explosions
As three Massachusetts towns faced the aftereffects of a series of natural gas explosions in September, finding some normalcy may have seemed nearly impossible. However, this is something MAPFRE ...
The Latest Launches From AXA XL, Munich Re America and Marsh
AXA XL's primary cyber and technology insurance clients can now get complimentary proactive services meant to help promote resiliency before cyber attacks. Munich Re America has begun marketing a ...
Chubb CEO Greenberg: New Lloyd’s Leader Neal Has His Work Cut Out for Him
Chubb President and CEO Evan Greenberg offered positive words about new Lloyd's of London CEO John Neal, though he cautioned that the venerable insurance marketplace has a long way to go to address ...