Commercial Lines
AmTrust’s Proposed Privatization Attracts Another Opponent: Shareholder Arca Capital
The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services ...
Companies Win Out in SCOTUS Class-Action Ruling
The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements ...
NRA Wants to Reverse Judge’s Decision Regarding Anonymous Teens in Florida Gun Case
The National Rifle Association is appealing a federal judge's decision barring two 19-year-old gun enthusiasts from using pseudonyms as a way to avoid public scrutiny in a lawsuit over Florida's new ...
NAIC Panelist: Catastrophe Modeling Is in Demand, Well Beyond P/C Insurance
Catastrophe modeling is going mainstream, well beyond the world of property/casualty insurance underwriting. It is becoming a necessary tool as consumers and the municipalities in which they live ...
Telematics Tech Coming Into Its Own With Commercial Auto Insurers
Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space. According to Zach Schmiesing, director, Commercial Lines, ...
S&P’s Ratings, Negative Outlook for AIG Will Continue
S&P Global Ratings has affirmed its 'A+' insurer financial strength rating and 'BBB+' long- and 'A-2' short-term issuer credit ratings on American International Group Inc. (AIG), and its 'A+' ...
Judge Won’t Release Calif. Utility From Wildfire Cost Claim
PG&E Corp. suffered another legal setback with a judge saying he won't release the company from a key legal claim over the most destructive wildfires in California history. PG&E has been ...
NAMIC Urges Autonomous Driving System Developers to Focus on Safety, Data Sharing
While automated driving systems hold great promise to save lives and reduce crashes, the focus must remain on validating the safety of the technology every step of the way, according to the National ...