Commercial Lines
Chubb CEO Greenberg Urges Trump, Congress to Move on Tax Reform, Infrastructure
Chubb President and Chief Executive Officer Evan Greenberg reiterated his call for tax reform, open trade and significant infrastructure investment, urging President Donald Trump and Congress to take ...
Hackers Steal Data From 400,000 Client Accounts at Italy’s UniCredit Bank
UniCredit SpA, Italy's No. 1 bank, said hackers took biographical and loan data from 400,000 client accounts in one of the biggest breaches of European banking security this year. The attack occurred ...
The Latest Launches From Starr Companies, Ironshore and AIG
Starr Companies added new features to its Directors & Officers policy. Ironshore has a new product that helps serve the Lloyd's China platform. AIG Travel has added new products but changed its ...
U.S. House Votes to Erase Lawsuit Rule Forcing Customers Into Arbitration
The U.S. House of Representatives on Tuesday voted overwhelmingly to erase a new rule that lets bank and credit-card customers band together in lawsuits, as the agency that drafted the measure, the ...
Markel Corp. to Snatch up State National for $919 Million
Markel Corp. will acquire State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both ...
W.R. Berkley Cut Back Reinsurance Underwriting in a Flat Q2
Weather related losses and a competitive reinsurance business nudged W.R. Berkley Corp.'s 2017 second quarter combined ratio higher. But a nearly 5 percent growth investment income and gains in ...
Berkshire Hathaway Reportedly in Talks to Buy Stake in Brazilian Reinsurer
Berkshire Hathaway Inc., the firm run by billionaire investor Warren Buffett, is in talks to buy a stake in Latin America's biggest reinsurer, IRB Brasil Resseguros SA, after an initial public ...
CNA Joins Global Business Diversity Initiative
CNA has become the latest property/casualty insurer to join a multi-industry CEO initiative focused on making businesses more diverse and inclusive. Dino Robusto, CNA's chairman and chief executive ...