Commercial Lines
Yahoo Sued for Allegedly Failing to Safeguard Funds for Chinese Dissidents
Yahoo Inc has been hit with a lawsuit saying it failed to safeguard more than $17 million it pledged to help jailed Chinese dissidents in a 2007 settlement. The lawsuit, filed on Tuesday in federal ...
ISO Will Help Collect Insurance Terrorism Data for Federal Coverage Program
ISO will collect, aggregate and help analyze terrorism data for the U.S. Department of the Treasury that, starting this year, will be required from insurers participating in the federal Terrorism ...
AmTrust’s Stock Plunges After Media Report Alleges 2014 FBI Investigation Over Accounting Practices
AmTrust Financial saw its stock price plunge nearly 19 percent Tuesday following a Wall Street Journal report alleging a 2014 FBI investigation of its accounting practices. The New York-based ...
2017 Atlantic Hurricane Prediction: A Slightly Below-Average Season
Colorado State University hurricane researchers are predicting a slightly below-average Atlantic hurricane season in 2017, citing the potential development of El Niño as well as recent anomalous ...
Insurance Insiders Voice Optimism About Trump’s Tax, Regulatory Positions
Less than 100 days into the U.S. Presidency of Donald Trump, the ultimate shape of regulatory and tax reform remains very much in question. P/C insurance trade associations have expressed hope that ...
The Latest Launches From AXIS and Willis Towers Watson
AXIS Capital Holdings launched a new flexible management liability insurance policy targeted to privately held companies. Willis Towers Watson came out with a product designed to address cyber ...
Storing Telematics Data in the Cloud Puts Driver Privacy at Risk: Research
Drivers' private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using connected-device, or telematics, functions in ...
Executives On The Move at Chubb, XL Catlin, QBE North America and More
A former Swiss Re executive is joining XL Catlin in a leadership role. QBE North America said it will appoint a former CNA executive as its new chief underwriting officer for North America. Chubb ...