Commercial Lines
Berkshire Hathaway Investors Will Mull Resolutions Opposed by Chairman Warren Buffett
Berkshire Hathaway Inc. investors will have a chance to vote on three shareholder resolutions opposed by Chairman Warren Buffett and his board, including a call for the firm to disclose any political ...
The Spread of Autonomous Vehicles Will Transform Auto Insurance Liability: Fitch
Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, ...
Trump Budget Would Eliminate Industrial Disaster Watchdog Agency
When a Texas City refinery exploded in 2005, 15 people died. Months later, the U.S. Chemical Safety Board found that putting workers in temporary trailers near danger zones at the plant raised the ...
Japan’s Government Ruled Liable for Fukushima Nuclear Disaster
A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the ...
The Latest Launches From XL Catlin, Root, CNA and QBE
XL Catlin has received approval to write insurance in Monaco. InsurTech Root's new program offers policyholders free rides on dangerous driving days. CNA has added Aclaimant to its Allied Vendor ...
W.R. Berkley, Tokio Marine Back Weather Analytics’ $17M Series B Financing
Weather Analytics, a provider of weather and predictive risk software for the insurance industry, reported that global insurers Tokio Marine HCC and W. R. Berkley Corp. together have funded a $17 ...
AmTrust Delays Annual Report Again to Enable Completion of Internal Audit
AmTrust Financial Services disclosed it will once again need extra time before filing its annual report, due to an ongoing internal audit that requires a longer timeframe. A.M. Best is being patient ...
Car Makers, Suppliers Give Widely Differing Timelines for Self-Driving Cars
Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the technology as well as a split between ...