Commercial Lines
Expect an Historic Q3 in Terms of Natural Disaster Costs: Impact Forecasting
As bad as September was in terms of natural disasters and the resulting costs, the 2017 third quarter as a whole could be positively historic as a result. A new report from Aon Benfield's Impact ...
Brexit Transition Deal Needed by Christmas, Bank of England Official Warns
Britain's banks need a watertight Brexit transition deal by Christmas to avoid a potentially disorderly shift of people and operations to the European Union, a top Bank of England official said on ...
TigerRisk, Cape Analytics Use New Aerial Tech to Help Quicken Hurricane Irma Claims Work
TigerRisk Partners said it is partnering with Cape Analytics to use new aerial technology to help U.S. Insurers speed their claims processing for Hurricane Irma. The companies say they're using ...
XL Catlin Leads Slice Lab’s $11.6M Series A; Expansion Eyed for Pay-Per-Use Insurance Platform
XL Catlin's investor arm is the lead backer of Slice Lab's new $11.6 million Series A financing, money the InsurTech startup will use to expand its on-demand pay-per-use insurance platform. Beyond XL ...
New Quake/Hurricane Loss Estimates From Renaissance Re, W.R. Berkley, PartnerRe, State Auto
RenaissanceRe, W.R. Berkley Corp. and State Auto Financial Corp. are among the latest insurers and reinsurers to issue Q3 catastrophe loss estimates from Hurricanes Harvey, Irma and Maria, and the ...
The Latest Launches From Starr Companies and Allianz Global Corporate & Specialty
Starr Companies now offers commercial auto coverage for aviation insured. Allianz Global Corporate & Specialty and California-based software Zeguro are teaming to help small businesses protect ...
Consumers Worry Autonomous Vehicles Will be Vulnerable to Cyber Breaches: AIG Study
As property/casualty insurers contemplate how to insurer autonomous vehicles, a new AIG study reveals consumers worry these cars and trucks of the future are particularly vulnerable to cyber ...
Trump Reportedly Seeking $29B National Flood Insurance/Disaster Aid Funding
The Trump administration will ask Congress to provide $29 billion in disaster aid and national flood insurance for hurricane-recovery efforts, a Republican lawmaker said Tuesday. Of that amount, $16 ...