Commercial Lines
After Derailment Spills 230,000 Gallons of Oil in Iowa, BNSF Railway Pursues Service Restoration
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil ...
Easy Post-Brexit Market Access Not Likely for UK Insurers, Bankers
The European Union's default market access for foreign financial firms will not be eased for Britain after Brexit and improvements to the equivalence regime will apply to all third countries, an EU ...
The Latest Launches From XL Catlin, Willis Towers Watson and American Modern
XL Catlin has expanded its specialty aviation insurance to Mexico. Willis Towers Watson unveiled the latest version of its loss-reserving software known as ResQ. American Modern plans to offer a ...
Climate Change Lawsuits Against 5 Oil Companies Dismissed by U.S. Court
A California federal court dismissed climate change lawsuits against five oil companies by the cities of San Francisco and Oakland, saying the complaints required foreign and domestic policy ...
Swiss Re, XL Catlin Vet Miller Joins AIG’s North America Property Team
A veteran Swiss Re and XL Catlin executive joined American International Group to help run an arm of the insurer's General Insurance division. Jamie Miller is AIG's new North America Property chief ...
Sirius Plans to Access Public Markets Though Easterly M&A Deal
Sirius International Insurance Group is hitting the public markets in a bid to raise capital, pursue acquisitions and grow. "Access to the public equity markets will facilitate and accelerate our ...
Corporate Britain Warns: Slow Brexit Negotiations Place Thousands of UK Jobs at Risk
Prime Minister Theresa May faces a new onslaught over her Brexit plans from corporate Britain, after the U.K.'s five main business lobbies urged her to make progress in the negotiations or risk ...
Sea-Level Rise Puts $117.5B at Risk From Chronic Flooding
Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for proof one can just ask Phil Renaud, executive director for the Risk ...