Commercial Lines
The Latest Launches From Chubb, Liberty Mutual and RMS
Chubb is expanding its global clinical trial liability insurance coverage. Liberty Mutual is now giving premium discounts to auto insurance customers who drive a Volvo with advanced safety features. ...
SCOTUS Will Consider Company Exposure to Human-Rights Suits
The U.S. Supreme Court agreed to use a case stemming from Middle Eastern terrorism to decide whether victims of overseas atrocities can use a two-century-old federal law to sue corporations for ...
Commercial Lines Prices Up Slightly in First-Quarter 2017: MarketScout
For the first time in 20 months, the MarketScout composite rate index for commercial accounts in the United States measured a rate increase at plus 1 percent in the first quarter. Rates for business ...
The Latest Launches From Lemonade, QBE, FM Global and More
P2P startup Lemonade gained its license to start selling renters and homeowners insurance in Illinois. QBA North America and a few partners will start offering a new national workers' compensation ...
Stephen Catlin to Retire as XL Group’s Executive Deputy Chairman
XL Group, the corporate parent of XL Catlin, said that Stephen Catlin will be retiring as executive deputy chairman at the end of 2017. Catlin sold his eponymously named Bermuda specialty insurer and ...
Michael O’Halleran, an Influential Aon Executive, Will Retire After 37 Years
Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, announced that Michael O'Halleran will retire after 37 years of service. From his founding role as leader of Aon Re ...
3-D and 4-D Printing: Transforming Our World and the Trail of Liability
For any property/casualty insurers out there wondering whether to cover exposures from 3-D printing, you probably already are, according to Bob Weireter, senior underwriter of casualty treaty ...
Frivolous Lawsuit? Wise Sued for Allegedly Underfilling Potato Chip Bags
The maker of Wise potato chips has been sued by two consumers who said it fills bags less than halfway, deceiving them into overpaying. Wise Foods systematically underfills bags and has left them 58 ...