Commercial Lines
Measuring Casualty Cat Risk: What Underwriters and Actuaries Miss and Why
Last month, I was invited to speak at the Casualty Actuarial Society Loss Reserving Seminar in Chicago, where I had the opportunity to challenge the existing techniques designed to measure ...
Tokio Marine America Now Offering Hull, Liability Cover in Ocean Marine Offering
Tokio Marine America is expanding its ocean marine offering to include hull and liability insurance. Plans call for doing this by partnering with Continental Underwriters, a managing general agency ...
Hundreds of Italy Quake Aftershocks Expected; Coverage Gaps Possible
With central Italy reeling from yet another earthquake that hit on Oct. 30, and bracing for many aftershocks to come, AIR Worldwide cautions that there may be gaps there in earthquake insurance ...
Global Warming Could Turn Southern Spain Into Desert: Study
Southern Spain will become desert and deciduous forests will vanish from much of the Mediterranean basin unless global warming is reined in sharply, according to a study released Thursday. ...
Super Regional Carrier Rises With Proposed BrickStreet Mutual/Motorists Mutual Affiliation
BrickStreet Mutual Insurance and Motorists Mutual Insurance Co. announced they have begun to formalize an affiliation agreement between the two companies. By affiliating, the insurers said they'll ...
CNA Investment Income Gains Stand Strongly in Steady Q3
CNA Financial Corp's Q3 went very well for the insurer, which is slated to get a new CEO on Nov. 21. Net income soared, thanks to investment gains, catastrophe losses were relatively stable, and the ...
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 ...