Commercial Lines
Executives On The Move at AXIS Capital Holdings and Guy Carpenter
An AIG veteran is joining AXIS Capital Holdings as its new head of Investor Relations. Guy Carpenter & Company appointed a new managing director and senior broker for its UK non-marine ...
May’s ‘Ring of Fire’ Storms Will Produce $2.5B in Insurance Claims: Karen Clark & Co.
Heavy wind, hail and rain storms—a "ring of fire" that struck most states east of the Rocky Mountains May 11-16—will likely produce substantial insurance claims, catastrophe modeling firm Karen ...
New EU Data Protection Law May Lead to Diminished Underwriting Quality: A.M. Best
Complying with the European Union's new General Data Protection Regulation is leading insurers and reinsurers to dilute the types of data they gather—something that could diminish underwriting ...
The Latest Launches From AGCS, QBE and Aon
Now on the market from Allianz Global Corporate & Specialty: an expanded project cargo offering. QBE North America has launched a comprehensive policy offering unique coverages for construction ...
American Drivers Increasingly Fearful of Self-Driving Vehicles: AAA Study
Three-quarters (73 percent) of American drivers now say they would be too afraid to ride in a fully self-driving vehicle, up significantly from 63 percent in late 2017. Additionally, 63 percent of ...
Ex-Uber Engineer Sues, Alleging Sexual Harassment and Retaliation Over Claims
A former software engineer at Uber Technologies Inc filed a lawsuit on Monday against the ride-hailing service on Monday, claiming she was subjected to years of sexual harassment there and subjected ...
Billionaire Investor Icahn Sues to Prevent AmTrust From Going Private
Billionaire investor Carl Icahn sued the directors of AmTrust Financial Services Inc., Chief Executive Officer Barry Zyskind and the family that controls the insurer to challenge a plan to take the ...
Executives On The Move at Zurich North America and Erie Insurance
An executive who was previously based at XL Catlin and AIG is joining Zurich North America in a leadership role. Erie Insurance promoted a veteran employee to vice president of property and ...