Commercial Lines
U.S. Small Businesses Hammered by Uninsured Losses From 2017 Storms
Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires, according to a Federal Reserve survey published ...
Cloud-Based Business Email Accounts at Increased Risk of Hacking
Cyber criminals are targeting business email accounts at an accelerated rate, particularly at organizations using cloud-based programs, says a new report from specialist insurer Beazley. The top two ...
Picture an experienced underwriter who’s spent 30 years building carrier relationships, spotting risks others miss, and mentoring producers. Over the...
Multiples Parties Were Interested in XL Besides AXA, Filing Reveals
According to details revealed in a public filing Monday, two parties approached XL Group for potential tie-ups before AXA started to pursue a deal—and seven, in total, were interested before AXA ...
Calif. Workers Comp Premium Down in 2017; First Drop in Seven Years
Written premium in California workers compensation fell slightly last year—the first time that's happened in seven years, according to a new report. The Workers Compensation Insurance Rating Bureau ...
Marsh Simplifying Certificates of Insurance Process on Blockchain
Marsh announced it is collaborating with IBM, ACORD and its client, ISN, to develop a commercial blockchain solution for proof of insurance. By using blockchain, or distributed ledger technology, ...
Tesla Draws Negative Response for Blaming Autopilot Death on Driver
Consumer-safety advocates and autonomous-vehicle experts criticized Tesla Inc. for issuing another statement about the death of a customer that pinned the blame on driver inattentiveness last week. ...
Plaintiffs’ Lawyers Readying ‘Thousands’ of Asbestos Cases in Wake of J&J Verdict
A $117 million verdict against Johnson & Johnson and a supplier in favor of a man who said his asbestos-related cancer was caused by long-term use of J&J's Baby Powder could open a new front ...
Executives On The Move at AIG and CNA
American International Group hired on a veteran XL Catlin executive for a leadership role in its General Insurance arm. A former AIG executive is joining CNA as its new senior vice president, Global ...