Commercial Lines
A ‘Hard Brexit’ Appears Increasingly Likely
Prime Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a "hard" exit from the ...
Wells Fargo Believes Customers Properly Reimbursed in Fake Account Scandal
Wells Fargo & Co, the third-largest U.S. bank by assets, said on Friday it believes it has reimbursed the customers it needs to in order to comply with at least one of three settlements over a ...
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 ...