Commercial Lines
Ford Urges 2,900 Pickup Owners to Stop Driving, Following Second Takata Death
Ford Motor Co said on Thursday it had confirmed a second death in an older pickup truck caused by a defective airbag inflator of Takata Corp and urged 2,900 owners in North America to stop driving ...
The Latest Launches From Liberty Mutual and QBE North America
QBE North America is part of a new alliance designed to market broader insurance policies for commercial janitorial and related building service business. Liberty Mutual Insurance unveiled two new ...
Alternative Capital Showed Resilience in Face of 2017 Catastrophes: Aon Benfield
Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which has responded with a show of strength by continuing to fund reinsurance ...
Apple’s Battery Controversy Draws U.S. Senator’s Attention
The chairman of a U.S. Senate committee overseeing business issues asked Apple Inc to answer questions about its disclosure that it slowed older iPhones with flagging batteries, according to a letter ...
NYC Suit Against Oil Companies Over Climate Change Damage Faces Uphill Battle
New York City's effort to hold oil and gas producers responsible for costs related to the environmental effects of their products faces an uphill battle as it tries to stretch current law to address ...
Wildfires, Trump Tax Cuts to Cause XL Group Some Q4 Pain
Fourth-quarter natural catastrophes took a toll on XL Group Ltd.'s bottom line, and the new Trump tax cuts will also cause some temporary pain, based on revised estimates from the Bermuda-based ...
Allianz Group Will Acquire DAS Switzerland, a Legal Protection Insurer, From Munich Re’s ERGO
Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The ...
Truck Owners Sue Ford, Alleging Diesel Emissions Were Rigged
Ford Motor Co. rigged at least 500,000 heavy-duty trucks to beat emissions tests, drivers claimed in a lawsuit, adding to the tally of carmakers linked to diesel-cheating allegations worldwide that ...