Commercial Lines
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 ...
Embracing Technology Makes Good Business Sense: PCI Panel
Forget fearing technology and more technology-adept rivals. Embracing the change both bring to the table makes good business sense, a recent reinsurance industry panel concluded at the PCI Annual ...
Insurance Industry Collaboration Key to Facing Disruption, I.I.I. CEO Says
In an increasingly connected and globalized world, the insurance industry needs to work together to understand and accommodate the many disruptions it faces today and in the future, said Sean ...
Central Italy Slammed by Series of Strong Earthquakes
A series of strong earthquakes hit central Italy on Wednesday, striking fear among residents still rattled by a deadly tremor in August, but there were no reports of casualties. A quake measured at ...
2016 Ransomware Attacks Against Businesses Multiply Rapidly
Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by ...