Commercial Lines
Lack of Comma Sense Launches Debate After Ruling in $10M Lawsuit
It all came down to a missing comma, and not just any one. And it's reignited a longstanding debate over whether the punctuation is necessary. A federal appeals court decided this week to keep alive ...
Global Insured Disaster Loss Events Climbed 43% in 2016: Swiss Re
Global insured losses from disaster events hit $54 billion in 2016, up 43 percent from the previous year, as countries around the world dealt with earthquakes, storms, floods, wildfires and other ...
Brussels or Luxembourg? Lloyd’s Will Reportedly Choose One as EU Hub
Lloyd's of London, the world's largest speciality insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favorite, ...
Cyclone Debbie Causes Australia Mass Evacuations, Mine Closures, Catastrophe Declaration
A powerful cyclone tore into Australia's northeastern coast on Tuesday, forcing thousands of people to flee, shuttering coal to gold mines and prompting insurers to declare a catastrophe. Cyclone ...
The Hanover Launches Online Portal for Professional Liability Risk Management
The Hanover Insurance Group said it has launched an online portal focused on professional liability risk management insurance. Dubbed HanoverProRisk, the portal offers articles, templates, risk ...
Brexit Uncertainty Hasn’t Yet Dented London’s Status as Top Global Financial Center
London has retained the mantle as the world's top financial center, though uncertainty about the implications of Britain's vote to leave the European Union saw its lead over Asian rivals narrow, ...
Trump EPA Cuts Could Mean More Birth Defects, Bad Air: Network Report
President Donald Trump pledged during the 2016 campaign that he would only "leave a little bit" of federal rules that protect human health and the environment. Now about 50 former officials of the ...
AIG Execs Schimek, Sankaran Stay on Message; Financial Goals on Target
American International Group Inc executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing ...