Commercial Lines
RenaissanceRe Will Buy Minority Stake in Legacy Acquirer Catalina Holdings
RenaissanceRe will pick up a minority stake in Catalina Holdings (Bermuda) Ltd., a long-term manager of legacy runoff P/C insurance and reinsurance businesses. Neither side is disclosing financial ...
Global Elite’s Biggest Risk Worries: Cyber Attacks and War in the Age of Trump
The threat of large-scale cyberattacks and a "deteriorating geopolitical landscape" since the election of U.S. President Donald Trump have jumped to the top of the global elite's list of concerns, ...
Executives On The Move at AIG, AmTrust, Nationwide and Aspen Insurance
American International Group hired a new head of International Government Affairs. AmTrust appointed a rising executive to lead its new satellite insurance operations. Nationwide's chief information ...
Argo Group CEO Watson: InsurTechs Are Better Versions of 1990s Startups
Argo Group CEO Mark Watson compared InsurTech companies to the dot-com startups from the late 1990s, many of which crashed and burned. He argued that these newer models, however, come with a lot more ...
Judge Rejects Wells Fargo Bid to End Predatory Lending Lawsuit
A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co'.s bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and ...
SCOTUS Agrees to Hear Case Over Constitutionality of ALJ Appointments
The U.S. Supreme Court will decide whether the Securities and Exchange Commission's in-house judges were appointed in violation of the Constitution, agreeing to hear a case that could upend ...
Cyber Most Feared Business Interruption Trigger: Allianz Risk Report
Business interruption and cyber incidents interlink as the major threat facing companies over the coming year, according to a report published by Allianz Global Corporate & Specialty (AGCS). ...
The Future of Small Business Insurance Distribution: What Can We Expect?
In the United States today, there are almost 28 million small businesses, all requiring a wide array of insurance coverage to confidently conduct daily business. Insuring these businesses has always ...