Commercial Lines
A Soft Reinsurance Market May Be Hitting Bottom: A.M. Best
Some observers believe the bottom of the reinsurance market may be in sight because brokers are having greater difficulty filling out underpriced programs and further concessions in terms are ...
XL Catlin Tops J.D. Power’s 2016 List of Highest-Performing Large Commercial Insurers
XL Catlin was 2016's highest-performing large commercial insurer in terms of customer satisfaction, according to the latest J.D. Power study. CNA, Chubb, Berkshire Hathaway Homestate Companies and a ...
Beazley Partners With VALE on Environmental Coverage for U.S.-Domiciled Firms
Beazley has partnered with managing general agency VALE Insurance Partners to offer its environmental cover to U.S.-domiciled firms with revenues of up to $15 million. VALE will offer the full suite ...
Homeowners at Sinking San Francisco High-Rise Sue City and Developer
Homeowners in San Francisco's sinking and tilting luxury high-rise are suing the city and the building's developer over claims they hid the building's engineering flaws for years. Twenty tenants who ...
Google Shows Off Improved Self-Driving System in Chrysler Vehicle
Google unveiled its latest self-driving system in a Chrysler Pacifica minivan during a Sunday preview ahead of the Detroit auto show, saying the technology is more reliable and affordable. The ...
Judge Orders DuPont to Pay $10.5M Over Leaked Chemical; Thousands of Suits Remain
A U.S. jury in Ohio ordered DuPont on Thursday to pay $10.5 million in punitive damages to a man who said he developed testicular cancer from exposure to a toxic chemical leaked from a Dupont plant, ...
VW Must Face U.S. Investor Lawsuit Over Diesel Emissions Cheating
Volkswagen AG must face claims it misled U.S. investors after installing so-called defeat devices in diesel vehicles used to cheat emissions tests. A San Francisco federal judge also rejected a ...
Arch Capital Acquisition Draws Downgrades From Moody’s and Fitch
Arch Capital Group's recently concluded $3.4 billion purchase of American International Group's mortgage guaranty unit spurred both cautious and negative reactions from Moody's Investors Service and ...