Commercial Lines
XL Catlin, Chubb Top J.D. Power Ranking of Large Commercial Insurers
XL Catlin ranks highest among large commercial insurers in terms of customer satisfaction, J.D. Power found in its latest study. The insurer and reinsurer scored 806 out of a possible 1,000-point ...
Willis Towers Watson Closes Sale of Telematics Tech to Octo
Willis Towers Watson has completed the sale of its usage-based insurance assets to Octo Telematics, a U.K.-based telematics company focused on the auto insurance industry. Both sides first announced ...
Congress Skeptical About Trump’s $12B Plan to Reduce Future Flood Damage
The Trump administration's proposed $12 billion initiative to reduce future flood damage met with skepticism in Congress, as lawmakers warned against diverting emergency funding away from hurricane ...
Hartford Will Unload Talcott Resolution Life/Annuity Unit in $2.05B Deal
Insurer Hartford Financial Services Group said on Monday it would sell its life and annuity unit to a group of investors in a deal valued at $2.05 billion, as it looks to focus on its property and ...
Allied World in North America: A Growth Story
Although an acquisition—a $550 million deal for Darwin Professional Underwriters in mid-2008—kicked off Allied World's U.S. expansion in the specialty insurance segment, in the years since Global ...
Allied World’s Cultural Edge: Competing with Giants to Grow Specialty Business
When you're a smaller athlete competing with giants, sheer determination and sharp reflexes are tools you might use to glide past opponents—and a winning formula in business isn't too different, ...
Brexit Talks Could Be Damaged by Issues Over European Court of Justice
Brexit talks risk being torpedoed by the taboo issue of the European Court of Justice, a senior British official said, as Theresa May heads to Brussels on Monday with the best offer her party will ...
The Latest Launches From Beazley and Willis Towers Watson
Beazley came out with its new U.S. marine platform. Willis Towers Watson launched Igloo 5, an update to its financial modeling platform. *** Beazley has begun its new U.S. marine platform. The ...