Commercial Lines
Businesses Win as SCOTUS Limits Again Where They Can be Sued
The Supreme Court on Monday slapped limits on where injury lawsuits may be filed for the second time in three weeks, again siding with businesses that want to prevent plaintiffs from "shopping" for ...
AIR Worldwide Releases Updated U.S. Earthquake Model
Catastrophe risk modeling firm AIR Worldwide, a Verisk Analytics business, has updated its earthquake model for the United States to include enhanced event generation, local intensity calculation and ...
Cape Analytics Brings Cutting-Edge Property/Data Analytics Offerings to 8 More States
Cape Analytics, a startup that relies on machine learning, computer vision and geospatial imagery to produce propriety property data for insurance carriers and others, is expanding. After a start in ...
Insurers Say Duke Energy Knew About Coal Ash Risks, Which Negates Payment Obligation
Dozens of insurance companies say they're not obligated to help pay for Duke Energy Corp.'s multi-billion dollar coal ash cleanup because the nation's largest electric company long knew about but did ...
Executives On The Move at Chubb, AXIS, BHSI and JLT Re
Chubb promoted an executive in its North American Insurance arm. AXIS Insurance is bringing on a former Zurich executive who will help expand its data/analytics capabilities. JLT Re named a new ...
In SCOTUS Workers’ Rights Class Action Case, Trump Administration Backs Lawyers
The Trump administration on Friday sided with employers in a Supreme Court case over the rights of workers to bring class action lawsuits against companies, court documents showed. Reversing a ...
Drought, Cloud Computing Top Swiss Re’s P/C Emerging Risks
Drought and cloud computing would not necessarily go together, but they do in the world of insurance risk. Swiss Re sees both as the greatest risks property/casualty insurers will face in the coming ...
Brexit Talks Begin; Britain Seeks ‘Special’ EU Ties
Brexit Secretary David Davis arrived in Brussels on Monday to launch talks he hoped would produce a "new, deep and special partnership" with the EU in the interest of Britons and all Europeans. ...