Commercial Lines
Local Government Lawsuits Over Marketing of Opioid Painkillers Face Uphill Battle
A growing number of U.S. states, counties and cities are filing lawsuits accusing drug companies of deceptively marketing opioid painkillers to downplay their addictiveness, but some lawyers say the ...
Berkshire Hathaway’s Gen Re Helps Launch Innovation/Technology Collaborative in Germany
Berkshire Hathaway's Gen Re is among insurers who recently helped found InsurLab Germany, a collaborative designed to foster new technologies and innovation in the industry. The initiative formally ...
The Latest Launches From Marsh, QBE, Willis
Marsh launched an aircraft financing product. QBE introduced a crop management tool. Willis has partnered with Allianz Global Corporate & Specialty to enhance its agribusiness programs. *** Marsh ...
Trump Announces Plan to Withdraw From Climate Accord, Possibly Seek Better Deal
President Donald Trump announced the U.S. would withdraw from the Paris climate pact and that he will seek to renegotiate the international agreement in a way that treats American workers better. "So ...
The Downward Trend Continues for U.S. Commercial Auto Insurance Losses
U.S. commercial auto insurance losses have already been high for some time. They grew even worse, in 2016, hitting depths the sector hasn't seen in 15 years. A primary bellwether: the commercial auto ...
FM Global Gets Luxembourg’s Approval to Launch Post-Brexit EU Hub
U.S. commercial property insurer FM Global has approved to run a European hub in Luxembourg, a move allowing it to issue policies in the European Union and other countries following Britain's ...
UK Labor Party Readies Brexit Negotiating Team as Election Campaign Gets Competitive
Jeremy Corbyn unveiled his team of Brexit negotiators, moving to dispel accusations by Prime Minister Theresa May that his Labour Party isn't prepared for Brexit talks starting soon after next week's ...
P/C Insurers Can Handle U.S. 2017 Hurricane Season: Fitch Analysis
The 2017 U.S. hurricane season may be here, but property/casualty insurers should be able to handle the challenges it brings. Fitch Ratings said in a new report. "Fitch currently has a negative ...