Commercial Lines
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 ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
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 ...
Another Record Year Likely for U.S. Tornadoes as Thunderstorms Threaten
Another wave of tornado-spawning thunderstorms is set to rip across the Great Plains and South this week, putting the U.S. within reach of a record year for life-threatening twisters. Severe storms ...
AmTrust Warned Annual Report Delay Knocks Insurer Out of NASDAQ, NYSE Compliance
AmTrust Financial Services disclosed it has received warnings from both the NASDAQ and the New York Stock Exchange that it is not in compliance with listing rules, due to delays over the filing of ...
EU May Introduce Passporting for Fintech Services
The European Commission could introduce EU passporting and lower regulatory requirements for financial technology firms, moves that could undercut London's leading position in "fintech" as Britain ...