Commercial Lines
InsureTech Connect Conference Highlights: Does Anyone Need a Toothbrush?
Insurance company employees wondering where all their bosses are this week should not be worried. It's a good bet the executives are safe in Las Vegas at the second annual InsureTech Connect ...
Executives On The Move at Everest Re, Chubb and Willis Towers Watson
Everest Re Group Ltd. picked an executive to lead its newly-created Dublin subsidiary, established for Europe's post-Brexit financial climate. Chubb made some new property/casualty appointments. ...
Pie Insurance Debuts, With Small Business WC as a Target
Pie Insurance, an InsurTech startup focused on the small business workers compensation market, recently closed a $4.3 million seed financing round and the company is debuting this week with an online ...
Concerned About Natural Disaster Exposure, A.M. Best Hits Nationwide With Negative Outlook
Nationwide's size and market presence may count against it in the short term, according to A.M. Best. The insurer has been saddled with a negative outlook issued by the ratings agency, in part, over ...
Warren Buffett’s Latest Investment: A U.S. Truck Stop Operator
Buffett's Berkshire Hathaway Inc on Tuesday deepened its commitment to the American economy, saying it bought a major stake in Pilot Flying J, the largest U.S. truck stop operator, and will become ...
AIG Hires Novae Veteran as New Reinsurance Head
American International Group brought on a former Novae group executive to lead its reinsurance and other divisions. Charles Fry joined the company as head of Reinsurance, Operations and ...
AIG Will Sell Medical Stop-Loss Operations to Tokio Marine HCC
Tokio Marine HCC plans to acquire the medical stop-loss operations of American International Group. Neither side is disclosing financial terms in the deal, which is expected to close on Oct. 15. But ...
AIG Freed From Tighter Scrutiny Due to Business Changes: Fed Chair Yellen
Federal Reserve Chair Janet Yellen said freeing American International Group Inc. from the tight scrutiny tied to its too-big-to-fail label is an example of the process working properly -- proving ...