Commercial Lines
Inflation Boosts W.R. Berkley Top Line to Record Level as Exposures Grow
While investment analysts continue to track commercial insurance rate hikes for property/casualty insurance carriers, exposure growth was an important contributor to a top-line record for the first ...
Chubb Posts Record Q1 P/C Underwriting Income
Chubb said first-quarter 2022 net income fell to $1.97 billion compared with $2.30 billion during the same time a year ago, but property/casualty underwriting income during the period shot up 106 ...
Federal Judge Approves $85M Settlement in Zoom Case
A federal judge in California approved an $85 million settlement between Zoom Video Communications and millions of users who said the teleconference meeting application violated their privacy rights ...
U.S. Companies Warn China’s Data Rules Risk Creating ‘Digital Island’
China's "uniquely restrictive" data laws risk boosting U.S. firms' cost of doing business in the No. 2 economy and could lead to digital decoupling, a new report from an American business group ...
RLI Combined Ratio Dips Below 80 for First-Quarter 2022
A sub-100 combined ratio is what publicly traded property/casualty insurance carriers strive to report. The sub-90s combined ratios that many carriers reported in 2021 are even better. A sub-80? That ...
‘Zero-Day’ Hacks Hit Record in 2021, Google Researchers Say
After a year dominated by high-profile ransomware attacks and supply chain compromises, researchers from Alphabet Inc.'s Google have identified another ignominious cyber milepost for 2021: a record ...
Labor Board Judge Rules Amazon Must Reinstate Fired Warehouse Worker
A judge has ruled Amazon must reinstate a former warehouse employee who was fired in the early days of the pandemic, saying the company "unlawfully" terminated the worker who led a protest calling ...
Dos and Don’ts for Insuring Growing Transportation and Logistics Businesses
The demand for delivery services has never been higher than it is today. And neither has the demand for insurance in the delivery industry. Delivery companies contracting with independent contractors ...