Commercial Lines
Berkley Regional Specialty Will Become Berkley Aspire
Berkley Regional Specialty is changing its name as part of a rebranding effort and expansion. The W.R. Berkley Corp. company said it will become Berkley Aspire as of Jan. 1, 2018. According to the ...
Ireland Confronts Aftermath of Ophelia, Its Worst Storm in 50-Plus Years
Irish authorities will begin to clean up and count the cost of the worst storm to hit the country in more than 50 years, after Ophelia left a trail of destruction in its wake. At least three people ...
A Victory for J&J: Appeals Court Reverses $72M St Louis Talc-Cancer Verdict
Johnson & Johnson won its appeal of a $72 million verdict claiming its talc products cause ovarian cancer, as a Missouri appeals court found the case shouldn't have been tried in a St. Louis city ...
For Some CA Wineries, Insurance Wildfire Payments May Fall Short
Wineries damaged by wildfires tearing through Northern California are starting insurance claims, and at least some of the smaller vintners are likely to find limits in their policies mean payouts ...
Cyber Risk Rises to Top of Corporate Agenda With EU Regulatory Deadline: Marsh
The upcoming implementation of the European Union's General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for ...
The Latest Launches From Swiss Re, Root, Hudson Insurance and More
A commercial auto insurance startup has a new strategic partnership with Munich Re's Digital Partners. Swiss Re's Corporate Solutions business started selling a multi-coverage management liability ...
AmWINS Acquiring 15 Willis Towers Watson Programs
Specialty broker AmWINS Group reports it has agreed to acquire 15 insurance programs from broker Willis Towers Watson. Among the programs being acquired by AmWINS are MountainGuard, which provides ...
Q3 Catastrophe Losses Will Lead to Rate Hikes by London Market Insurers: Fitch
Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers' loss-affected lines and could also affect wider market pricing trends, ...