Commercial Lines
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 ...
SCOTUS Tightens Rules on Where Injury Suits Can be Brought
The U.S. Supreme Court on Tuesday tightened rules on where injury lawsuits may be filed, handing a victory to corporations by undercutting the ability of plaintiffs to bring claims in friendly courts ...
Group Linked to NSA Leaks Plans to Release More Data in July
A group that published hacking tools that security experts believe were stolen from the U.S. National Security Agency said on Tuesday it plans to sell a new batch of stolen code in July to customers ...