Commercial Lines
Bedbugs Help Drive Increase in U.S. Animal-Related Insurance Claims
Bedbugs in hotel rooms and aggressive peacocks are some of the creatures behind an uptick in animal-related insurance claims filed by U.S. businesses, according to a study published on Thursday by ...
Brussels Wins as Lloyd’s Choice for Post-Brexit EU Hub
Lloyd's of London, the insurance market founded in the British capital in 1688, plans to open a European Union hub in Brussels following the U.K. vote to leave the bloc. The company expects the ...
Markel Moves to Build Trade Credit Business in Canada
Markel International, the specialist insurer and subsidiary of Markel Corp., is launching its trade credit and political risk business in Canada. Markel Canada will handle underwriting for this on ...
Endurance, With SOMPO as New Owner, Gets A.M. Best Ratings Upgrade
Endurance Specialty Holdings Ltd. got a financial ratings upgrade from A.M. Best and is no longer under review, based on positives the ratings agency sees after it was acquired by Japan's SOMPO ...
Slice Labs’ Pay-Per-Use Rideshare Insurance App Enters Real-World Test Phase
About a year after its debut, insurance tech startup Slice Labs said it has completed a pay-per-use rideshare insurance app. The next step: testing the technology with "a select set" of rideshare ...
Brexit Has Officially Begun
Prime Minister Theresa May filed formal Brexit divorce papers on Wednesday, pitching the United Kingdom into the unknown and triggering years of uncertain negotiations that will test the cohesion of ...
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 ...