Commercial Lines
Texas Insurers, Larger Carriers Can Handle Hurricane Harvey Pressures: A.M. Best
Texas insurers and larger carriers that do business in Texas will see some strains from Hurricane Harvey and the historic rains and flooding that followed. But A.M. Best expects them to withstand the ...
New Wells Fargo Disclosures May Jeopardize $142M Customer Class Action Settlement
Wells Fargo & Co.'s disclosure Thursday that employees may have opened significantly more unauthorized accounts than previously stated could jeopardize a $142 million class-action settlement with ...
Conflict Grows in Brexit Negotiations
British trade minister Liam Fox said on Friday Britain would not be blackmailed into agreeing on the cost of leaving the European Union, and urged Brussels to move negotiations on to discuss ...
Japan’s Sompo Holdings Will Sell Sompo Canopius to Centerbridge for $952M
Japan's Sompo Holdings Inc. announced it has agreed to sell Lloyd's re/insurer Sompo Canopius AG to a private equity consortium led by Centerbridge Partners for $952 million. On completion of the ...
QBE North America’s CEO Johnston on the Future of Insurance
This article is part of Carrier Management's series on the Future of Insurance. Russell Johnston, CEO, QBE North America Q: What major changes do you see on the horizon for the property/casualty ...
Industry Lacks Personalization; Customized Products on Deck for the Future, Next Insurance CEO Says
This article is part of Carrier Management's series on the Future of Insurance. Guy Goldstein, Co-Founder and CEO, Next Insurance, believes an insurance industry today lacking personalization needs ...
Travel Industry Path Likely for Insurers: Online Sales Replacing Agents, Exec Says
This article is part of Carrier Management's series on the Future of Insurance. Rashmi Melgiri, Co-Founder, CoverWallet, sees online distribution of most P/C insurance products as an inevitability, ...
Capacity Is a Commodity, InsurTech Leader Says
This article is part of Carrier Management's series on the Future of Insurance. Mike Albert, Co-Founder, Ask Kodiak, sees some disrupters working around commercial insurance carriers instead of with ...