Commercial Lines
Hamilton Re Will Snatch Up Canopius’ Excess Casualty Renewal Rights
Hamilton Re said it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.'s excess casualty insurance book of business. Neither side disclosed financial details. The ...
Lawsuit Alleges Tesla Peddled Vehicles With ‘Dangerously Defective’ Autopilot Software
Tesla Inc. is facing its first U.S. legal challenge over self-driving technology in a case alleging the electric carmaker sold 47,000 vehicles with Autopilot software that's "dangerously defective" ...
Record Heavy Rains Heighten California Crop Risks
Record rains are a double-edged sword for California's Salinas Valley: While the recent deluge virtually ended the state's historic drought, it also created muddy, unworkable fields - sending prices ...
Generali U.S. Global Corporate & Commercial Expands Westward
Generali is expanding its U.S. global corporate and commercial operations with the opening of offices in Chicago and San Francisco in a bid to grab more business from U.S. multinational companies. ...
Commercial Insurance Remains a Buyer’s Market: Willis Towers Watson
Fluid capital and ample capacity has kept the commercial insurance sector stable overall and also a buyers' market. That reality holds despite potential regulatory and monetary policies pending in ...
Meteorologists: Signs Suggest 2017 Atlantic Hurricane Season Will be Normal
Most meteorologists forecast the 2017 Atlantic hurricane season will be less active than a year ago, with the number of named storms and hurricanes near average. A few meteorologists, however, expect ...
Clunky M&A Deals Are Spurring Uptick in Insurance Claims: AIG Study
Faulty mergers and acquisitions have spurred an uptick in insurance claims as dealmakers overstated profits or breached accounting rules, insurer American International Group Inc. said in a study of ...
Executives On The Move at Chubb and Willis Towers Watson
Chubb promoted a long-time executive to a key role in its North America Major Accounts arm. Over at Willis Towers Watson, a veteran executive at the company has been named head of Broking in North ...