Commercial Lines
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 ...
Global Insurance Industry Set for Solid Growth in 2017 and 2018: Munich Re Forecast
The global insurance industry is set to grow more strongly an average 4.5 percent annually during 2017 and 2018, according to Munich Re. The number is 3 percent when adjusted for inflation. While ...
UK Investigates Aon, JLT, Marsh and Willis Towers Watson Over Aviation Business
Britain's financial watchdog is investigating four large insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. ...