Commercial Lines
Driverless Taxis Poised to be Transformational for Mass Transit
Mass transit, the lifeblood of cities worldwide, is under threat from the biggest innovation in automotive technology since Henry Ford's assembly line first flooded streets with cars. The ...
Judge Rejects U.S. Airlines’ Bid to Quash Price-Fixing Lawsuit
A federal judge rejected a bid by the four largest U.S. airlines to dismiss nationwide antitrust litigation by passengers who accused them of conspiring to raise fares by keeping seating capacity ...
BHSI Debuts New Civil Liability Insurance Offering in Australia/New Zealand
Berkshire Hathaway Specialty Insurance Company said it is now selling Civil Liability insurance for financial institutions in Australia and New Zealand. The new policy is designed to address the ...
The Hartford Performs Well in Q3, Despite Continued Personal Lines Challenges
The Hartford's net income grew by double digits in the 2016 third quarter, buoyed by strong commercial lines results. Personal lines, on the other hand, produced a big underwriting loss, thanks to ...
AmTrust to Pay $90M for Workers Comp Insurer AmeriHealth Casualty
AmTrust Financial Services plans to pay $90 million in cash for a regional U.S. workers compensation insurer, its last acquisition in a year of several M&A transactions. The New York City-based ...
Executives On The Move at The Hartford, Willis Towers Watson and Renaissance Re
Willis Towers Watson has made a number of executive leadership changes. The Hartford has a new head of multinational underwriting. RenaissanceRe's finance arm has experienced several new leadership ...
Amtrak’s $265M Settlement Over 2015 Derailment Approved by Judge
A U.S. judge on Thursday signed off on a record $265 million settlement over an Amtrak passenger train crash in Philadelphia in 2015 that killed eight people and injured about 200 others, court ...
UK PM’s Brexit Plan Passes Initial Court Hurdle
A Northern Irish judge rejected a pair of challenges to the Brexit process, removing at least one obstacle to U.K. Prime Minister Theresa May's plan to begin severing ties with the European Union by ...