Commercial Lines
Trump Tax Cuts Could Solidify U.S. as Most Active Insurance M&A Region: Clyde & Co.
The U.S. has regained its position as the most active region for M&A activity in the global insurance industry, and the Trump tax cuts could boost that activity even further, according to a ...
2017 Securities Class Action Settlement Dollars Were the Lowest Since 2008: Cornerstone
Total settlement dollars from securities class actions fell dramatically in 2017, even as the number of settlements remained steady. According to a new report by Cornerstone Research, Securities ...
Marsh Joins World’s Largest Open Source Blockchain Initiative
Marsh said it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative with more than 400 member companies. The EEA is focused on creating open ...
Court Docs Show Automakers Knew Earlier About Takata Air Bag Issues
General Motors Co, Volkswagen AG, Fiat Chrysler Automobiles NV and Daimler AG knew of problems with Takata air bag inflators and should have moved faster to recall vehicles, according to company ...
Icahn’s AIG Board Rep Won’t Seek New Term
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc, will not seek re-election to the post at the insurer's annual meeting in May, the company ...
Executives On The Move at Canopius, Markel and GEICO
Canopius hired two outside people to become its latest group chief operating officer and group chief financial officer, respectively. Markel Corp. created a new position - chief global ceded ...
Starr Companies Reorganizes Casualty Business Units
Starr Companies said it is making a number of organizational changes within its Casualty business units in a bid to boost efficiency and service. "This new structure will allow for greater synergies ...
Early 2018 Air Crashes End 2017’s Record Flight Safety Streak
Three deadly air crashes that have killed 170 passengers in the past 4 1/2 weeks may indicate that 2017, the safest-ever year for aviation, represented a statistical blip. A total of five fare-paying ...