Commercial Lines
GM Resolves Lawsuit Regarding Motorcyclist Struck by Self-Driving Auto
General Motors Co agreed to settle a lawsuit filed by a motorcyclist involved in a minor crash with one of its self-driving cars in San Francisco late last year, the U.S. automaker said on Friday. ...
Calif. Wildfire Relief Fund Reportedly Mulled to Address Liability Costs, Relief
California lawmakers are said to be considering a proposal to help utilities shoulder billions of dollars in potential liability costs while offering relief to wildfire victims by setting up a ...
CNA Formally Launches Shiny New HQ
CNA moved into a new state-of-the-art global headquarters, marking its official opening on June 1. The Chicago-based insurer's new space at 151 North Franklin Street in Chicago's Loop business ...
It Will Cost a Cool $3.3M for This Special Lunch With Warren Buffett
The chance to dine with Warren Buffett costs $3.3 million this year. That was the winning bid for a lunch with the billionaire investor in a week-long charity auction that concluded Friday on EBay ...
Caribbean Insurers Well Withstood Impact of Record-Setting Hurricanes: A.M. Best
An analysis of A.M. Best-rated property/casualty insurers based in the Caribbean reveals that hurricanes Irma and Maria were mainly earnings events, and that the responsiveness of reinsurers allowed ...
Shareholders Sign Off on Kemper’s Planned $1.3B Acquisition of Infinity Property and Casualty
Kemper Corp.'s plan to acquire Infinity Property and Casualty Corp. in a $1.3 billion cash and stock deal cleared a major hurdle, with shareholders of both companies signing off on the plan by a wide ...
Cyber Threats on the Rise for State Election Systems: FireEye
U.S. election systems are increasingly at risk for cyber attacks ahead of the November midterms as Russia continues information operations to sow political division, according to cyber firm FireEye ...
Aon Promotes Marcell to Lead Reinsurance Solutions Unit
Aon plc promoted a veteran executive from within to lead its Reinsurance Solutions unit, a change stemming in part from a decision to retire two long-time brands and streamline. Andrew Marcell will ...