Commercial Lines
Hamilton CEO Duperreault Emerges as Rumored AIG CEO Candidate
American International Group Inc. is weighing a plan to hire Brian Duperreault as the company's seventh chief executive officer since 2005, according to people familiar with the board's ...
The Latest Launches From Beazley/Munich Re and Allied World
Beazley and a division of Munich Re have linked up to help bring innovation and capacity to the large cyber market. Allied World Assurance Holdings is adding drone services to its risk management ...
Commercial Lines Insurers Plan Predictive Modeling Embrace: Willis Towers Watson
Predictive modeling is becoming even more widespread among U.S. property/casualty insurers, with rapid gain likely in the coming years for commercial lines carriers. The big news: Two-thirds of the ...
Forget Driverless Cars. How About a ‘Flying Taxi’?
A Bavarian start-up is developing a five-seat "flying taxi" after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich-based Lilium, ...
Expect Technology to Become Significant Driver of Future Liability Claims: Allianz Report
Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a ...
Three-Month Cyber Attack Targets 1,200 InterContinental Hotels in U.S.
Global hotel chain InterContinental Hotels Group Plc said 1,200 of its franchised hotels in the United States, including Holiday Inn and Crowne Plaza, were victims of a three-month cyber attack that ...
AmWINS Will Buy Partners Specialty Group, Adding to Already Giant Broker Operation
Specialty insurance brokerages AmWINS Group Inc. and Partners Specialty Group LLC have agreed to merge, creating a combined firm that will place a whopping $14 billion in annual premiums. Neither ...
Think Tank: Federal Insurance Office Could Work Better as Its Own Agency
It's no secret that the Federal Insurance Office isn't exactly popular among property-casualty insurers. But a Washington D.C. nonprofit policy group says it can and should be saved, and even ...