Commercial Lines
Energy, Industrial Firms Are Being Targeted for Cyber Attacks, U.S. Warns
The U.S government issued a rare public warning that sophisticated hackers are targeting energy and industrial firms, the latest sign that cyber attacks present an increasing threat to the power ...
The Latest Launches From PURE, The Zebra and Allied World
The PURE Group of Insurance Companies is releasing new coverage for individuals and families hit with financial losses stemming from fraud and cyber fraud. The Zebra, an online auto insurance ...
AIG Hires Former Conn. Insurance Commissioner Leonardi for Lobbying, Communications Role
A former Connecticut insurance commissioner is joining AIG as its new executive vice president, Government Affairs, Public Policy and Communications. Thomas Leonardi takes on his new role as of Nov. ...
Multiple Red Flags Place Profitable Growth for U.S. P/C Insurers in Jeopardy
While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable ...
U.S. Flood Risk Remains Poorly Understood, Plus 4 Other Lessons From Hurricanes Harvey and Irma
US flood risk is firmly under the spotlight as re/insurers, businesses and public officials come to terms with the devastating impact of hurricanes Harvey and Irma. The re/insurance industry will be ...
The Hartford, Slammed by Hurricane Losses, Still Makes a Q3 Profit
Hurricanes slashed The Hartford's 2017 third quarter net income nearly in half compared to the same period a year ago. The property/casualty insurer's commercial lines and personal lines combined ...
Weakening Typhoon Lan Kills at Least Four in Japan, Causes Landslides and Flooding
A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding that prompted evacuation orders for tens of thousands of people, but then headed out to sea after ...
The Hartford Will Acquire Aetna’s U.S. Life, Disability Biz in $1.45B Cash Deal
Hartford Financial Services Group Inc said on Monday it would buy health insurer Aetna Inc's U.S. group life and disability business for $1.45 billion cash in a move that will expand its insurance ...