Commercial Lines
Insurers May Not See Revenue Plunge With Driverless Car Advance
It turns out robots need insurance too. As driverless vehicles reduce car ownership in coming years, insurers may not face the Armageddon that had been predicted, new research shows. "We do not ...
The Latest Launches From Beazley, XL Catlin and Sompo International
Beazley beefed up its coverage options for businesses seeking to address their evolving cyber exposures. A new partnership allows XL Catlin's North America Construction insurance business to give ...
Insurance has always been about helping people and businesses navigate uncertainty. While most insurance policies cover familiar exposures like property,...
Science Advisors Accuse Regulators of Hindering Spread of Commercial Drones
Science advisers to the federal government say safety regulators are hindering the spread of commercial drones by being too cautious about the risks posed by the flying machines. The National ...
Unsafe Charters Allowed to Handle U.S. Commercial Flight Operations: Watchdog Probe Allegation
Government aviation inspectors allowed unsafe aircraft to operate in U.S. commercial flight operations, a whistle-blower investigation has concluded. The Federal Aviation Administration's own review ...
Oil Companies Seek Dismissal of Suit Holding Them Liable for Global Warming Damages
Lawyers for major oil companies on Wednesday urged a federal judge to throw out a lawsuit filed by New York City seeking to hold them financially liable for damages caused by global warming. Theodore ...
Executives On The Move at Farmers Insurance and Liberty Mutual
Farmers Insurance promoted from within to appoint its new chief claims officer. A Liberty Mutual executive was promoted to lead a National Insurance Specialty Unit that provides coverage for large ...
After a Sluggish Decade, Engineering Insurance May See New Growth: Swiss Re
Engineering insurance is one casualty of the 2008 financial crisis that continues to have a sluggish recovery, according to Swiss Re's latest sigma report. Swiss Re said that stagnant premiums for ...
The Latest Launches From Corvus Insurance and XL Catlin
Corvus Insurance debuted a new "smart" policy designed to provide broad cyber coverage as well as predict and prevent cyber insurance risks through ongoing IT security scanning and scoring. XL Catlin ...