Commercial Lines
Three Takata Executives Indicted in U.S. Over Company’s Faulty Airbags
Three Takata Corp. executives were accused in a U.S. indictment of misleading federal regulators, consumers and car manufacturers about the company's faulty air bags as part of a years-long scheme ...
U.S., EU Reach Insurance Regulation Agreement
United States and European Union negotiators say they have reached an agreement on reinsurance and insurance regulation. The agreement covers three areas of insurance oversight: reinsurance, group ...
Supply Chain Risks Are Underinsured in Asia-Pacific Region Despite Disruptions
Six out of 10 organizations in the Asia-Pacific experienced at least one supply chain disruption in the past year, with 1 in 4 incidents costing more than $1 million, according to a survey conducted ...
UK Finance Industry Abandons Post-Brexit Demand for Full EU Market Access
Britain's finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially ...
Allstate’s New Investor Group Seeks to Boost Returns for Alternative Investment Portfolio
Allstate is gearing up for 2017 with six new executives it hired to help boost returns and widen the reach of its alternative investment portfolio. They will pursue what the insurer refers to as ...
The Latest Launches From XL Catlin and Starr Companies
XL Catlin issued a new environmental insurance product in Ireland designed to address new guidance from the Environmental Protection Agency. Starr Companies paired with a law firm to provide ...
Sweeping U.S Regulatory Revamp Passes U.S. House
Republicans on Wednesday passed a bill in the House of Representatives that touched on nearly every step U.S. agencies take in creating and applying new rules, continuing their blitz to radically ...
Shipping Insurance Policies Fall Short, Exposing Industry to Cyber Threats
Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through ...