Commercial Lines
Former AIA Leader Pusey Nominated to Join W.R. Berkley Corp. Board
Veteran property/casualty insurance industry lobbyist Leigh Ann Pusey has been nominated to join the board of directors at W.R. Berkley Corp. The commercial lines insurer and reinsurer disclosed that ...
Israel’s Kovrr Debuts Predictive Cyber Risk Modeling Tool
The Israeli company Kovrr launched a new predictive cyber risk modeling platform designed to help P/C insurers underwriter cyber risk more efficiently. Kovrr analyzes millions of emerging cyber ...
Southwest Cancels Dozens of Additional Flights to Inspect Engines
Southwest Airlines Co canceled more flights on Monday as it worked to complete inspections of engines like the one that failed last week in a deadly accident over Pennsylvania. Flightaware.com, a ...
Carriers Still Don’t Get Dinged Much From Distracted Driving Costs: Analysis
Insurance companies are finally putting a price on the risk of distracted driving, and it's relatively cheap. Last year, a ticket for using a mobile phone while driving added $226 to the average ...
Legions of Agents, Brokers Lobbied Congress About Flood Insurance Renewal, Tax Reform and More
Over many months now, Congress has continued to avoid passing a long-term renewal of the National Flood Insurance Program. The Independent Insurance Agents & Brokers of America was hoping to end ...
AAIS Creates Cannabis Businessowners Policy in Calif.; Expansion Envisioned
The American Association of Insurance Services has filed a Cannabis Businessowners Policy in California, noting that the growing market presents a huge opportunity for the insurance industry at ...
Cyber Action: EU’s North Launches Hacker-Proof Digital Highway
In this age of social media leaks and foreign election hacking, the ability to transmit sensitive personal information securely across borders is more valuable than ever. Finland and Estonia, two of ...
It’s Official: The Insurance Cycle Is Dead, Willis Towers Watson Says
The once reliable cycle consisting of a short but severe post-catastrophe hard market followed by a gradual easing of insurance prices is officially a thing of the past, a major broker said in a ...