Commercial Lines
3 Tips for Commercial Insurers Pursuing Technological Change
Commercial insurers, like other carriers, are gearing up for some major technology-driven transformations. Here, we list three ways that insurers can ready their organizations for the changes to ...
InsurTech Investment Deals Hit New High in Q1: Willis Towers Watson
InsurTech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis ...
Marine Insurance Blockchain Makes Its Debut
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, ...
United Airlines Reaches ‘Resolution’ With Owners of Puppy That Perished in Overhead Bin
United Airlines has reached a "resolution" with the owners of a small French bulldog puppy that died during a flight after a cabin attendant ordered it stowed in an overhead bin in March, the carrier ...
Winner in J&J Baby Powder Asbestos Suit Gets $4 million in Punitive Damages
Jurors weighing how to punish Johnson & Johnson in a lawsuit asked a judge if they could force the company to warn consumers that its Johnson's Baby Powder could be contaminated with asbestos, ...
Apple Getting Another $539M From Samsung in Long Fought Patent Battle
Apple Inc. won $539 million from Samsung Electronics Co. in the final throes of the companies' U.S. court struggle over smartphone technology, seven years after the start of a global patent battle. ...
Much More M&A Is Coming as Companies Seek Scale/Tech Advances: A.M. Best
Expect more property/casualty insurance and reinsurance M&A deals in the months ahead — particularly among smaller carriers — as companies continue seeking scale and technology to improve ...
Executives On The Move at AIG and The Hanover Insurance Group
AIG is bringing on a veteran executive from Zurich Insurance and Liberty Mutual to lead its China operations. The Hanover Insurance Group expanded its surety leadership team to support its growth in ...