Commercial Lines
Latest Amtrak Crash Underscores Pending Deadline for Rail Safety System
Only about a quarter of U.S. railroad tracks that carry passenger trains have an anti-crash system that safety officials say could have prevented a fatal weekend crash, even though a year-end ...
Indio Technologies Pulls in $6M for Digital Commercial Insurance Broker Platform Expansion
Indio Technologies raised $6 million in new venture financing, money that will help expand the capabilities and use of its digital commercial insurance platform for brokers. The Series A financing ...
Early AI initiatives in personal auto have largely focused on improving efficiency within individual functions, from claims and customer service...
Cyber FICO Ratings Could Benefit Insurance Underwriting in Multiple Ways
Nearly 30 years ago the Fair Isaac Corporation ("FICO") first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market ...
Insurers Can Take on Coverage Gaps as Disaster Costs and Frequency Rise
Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to ...
XL Catlin Expands New P&B Aviation Insurance Platform With Added Features
XL Catlin has added enhancements to its new P&B aviation insurance platform in a push to give brokers more options. The carrier's VP Bind Speed platform was designed to boost its underwriting ...
Safety National Revamps Executive Team With Focus on New Growth
Safety National Casualty Corp. said that it is revamping much of its executive team in order to help support new growth at the carrier. The Missouri-based company provides coverage in areas including ...
UK Exports of Finance, Insurance Services Reach Record in 2016
U.K. exports of financial and related professional services grew to a record in 2016 as all regions surged. Exports rose 15.8 percent to 95.7 billion pounds ($136 billion), according new data ...
Executives On The Move at Chubb, AIR Worldwide and Aon Benfield
Chubb brought on an AIG veteran as its new chief claims officer. AIR Worldwide has a new senior vice president of Global Resilience. Aon Benfield's UK arm named a new chief operating ...