Commercial Lines
New Year Will Unleash a Deep Freeze Upon Much of the World
A deep freeze is about to descend on North America, Europe and Asia thanks to record high temperatures across the Arctic. How's that? "Think of it like a seesaw," said Matt Rogers, president of ...
Chinese M&A Could Slow Due to Regulatory, Policy Hurdles: A.M. Best
While Chinese companies have been increasing their overseas merger and acquisition (M&A) activity in recent years, there are signs that growth could slow in the coming year, as a result of ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
St. Louis Tops Judicial Hellholes: ATRA Report
St. Louis, Mo. edged out California and New York for top spots in the nation for unfair handling of civil litigation, according to the with The American Tort Reform Foundation 2016-2017 Judicial ...
XL Catlin Launches Clinical Trials Coverage for Life Sciences Firms in Germany
XL Catlin's insurance operations in Germany have announced the addition of a stand-alone clinical trials product for life science clients. Life science companies are operating in an increasing ...
U.S. Issues Rules to Address Medical Device Cyber Vulnerabilities
The U.S. government on Tuesday issued rules for addressing cyber vulnerabilities in medical devices, providing manufacturers with guidelines for fixing security bugs in equipment, including ...
A Minority of Insurers Expect Higher 2017 IT Spending
A minority of insurers expect higher 2017 spending in their information technology budgets. Just 37 percent say that they expect an increase in their IT spending. That compares to 45 percent of ...
Takata Shares Soar After Reports of Near-Complete U.S. Settlement Over Faulty Air Bags
Takata Corp. shares rose by the daily limit after the Wall Street Journal reported the company is nearing a settlement with the U.S. Department of Justice to resolve allegations of criminal ...
Proposed Cyber Security Regs Eased in New York After Industry Complaints
New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying ...