Commercial Lines
‘AXA XL’ to Debut When AXA Group Completes $15.3B XL Group Buy
AXA XL is the new name of the division AXA Group will create with its planned $15.3 billion cash acquisition of XL Group, a deal expected to close sometime in the 2018 second half. The name covers a ...
Security of Self-Driving Vehicles High on U.S. Regulators’ Minds
In closed-door meetings last March, U.S. transportation regulators and others grappled with questions about whether police should have the power to disable self-driving cars and whether an automatic ...
UK Insurers, Banks Must Be Transparent About Data Collection or Face New Rules: UK Regulator
Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on ...
The Latest Launches From Willis Towers Watson and W.R. Berkley
Willis Towers Watson said it launched an updated version of its Radar Software, a product the company said improves commercial lines pricing and underwriting by using the latest technology. W.R. ...
Executives On The Move at Hippo and Everest Insurance
California-based InsurTech Hippo hired two new executives and appointed two additional board members. Everest Re Group's Everest Insurance has a new Chief Claims Officer, who was promoted from ...
Markel Hires Ex-Chubb Exec Cox as Part of Leadership Revamp, With Focus on Growth
Markel Corporation is bringing on a former Chubb executive as part of a broader revamp of its leadership structure to boost growth and increase products and services. Robert Cox will join Markel in ...
Motel 6 Resolves Suit Alleging It Improperly Provided Guest Lists to U.S. Immigration Agents
Motel 6 has agreed to settle a proposed nationwide class action lawsuit claiming it violated the privacy of Hispanic guests by providing guest lists to U.S. immigration authorities to aid in law ...
Nationwide, Munich Re Contribute to Next Insurance’s New $83M Financing
Next Insurance raised $83 million in a new financing round, money it said will fuel its continued U.S. expansion as a full-service digital insurance carrier focused on the small business market. "Our ...