Commercial Lines
Patriot National Will Reorganize for Acquiring Lenders; Subsidiaries to File Chapter 11
Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement ...
Apple and Qualcomm Accuse Each Other of Patent Infringement
Apple Inc on Wednesday filed a countersuit against Qualcomm Inc, alleging that Qualcomm's Snapdragon mobile phone chips that power a wide variety of Android-based devices infringe on Apple's patents, ...
Spike in Drone Use Places Airlines, Business Jets at Risk: FAA Research
The millions of small civilian drones plying the nation's skies can cause significant damage to airliners and business jets in a midair collision, new research commissioned by the U.S. Federal ...
Executives On The Move at Ironshore, W.R. Berkley and Starr Cos.
Ironshore chose a new head of Global Claims. W.R. Berkley Corp. made some new appointments in two of its business units. Starr Cos. named two executives to help run its new Accident & Health ...
The 2017 U.S. Hurricane Season Ranks as Priciest Ever
This year's U.S. Atlantic hurricane season is officially the most expensive ever, racking up $202.6 billion in damages since the formal start on June 1. The costs tallied by disaster modelers Chuck ...
Millions of Devices in Europe Are Still Vulnerable to Cyber Attack: Report
A year after a wave of denial-of-service attacks knocked out major websites around the world, millions of unsecured printers, network gear and webcams remain undefended against attack across major ...
State Auto CEO LaRocco Wins Contract Extension, a Vote of Confidence in His Turnaround Strategy
Mike LaRocco, who took over president and CEO of State Automobile Mutual Insurance Co. in May 2015, has won the support of the company's board of directors for an extension of his contract until Dec. ...
Suit Against AT&T/Time Warner Merger Could Curtail Other M&A Activity
President Donald Trump's first year in office was already shaping up to be a less-than-banner one for M&A. Now, the U.S. Justice Department's lawsuit to block AT&T Inc.'s $85.4 billion ...