Commercial Lines
Executives On The Move at AXIS, Great American and Lockton
AXIS Capital Holdings continued its global reinsurance expansion with a new Dubai-based executive appointment. A Great American Insurance executive got a promotion. Lockton Companies hired a new vice ...
Argo Division Grabs Renewal Rights to Allied World’s Asia Marine Hull Business
Argo Group member and Lloyd's insurer ArgoGlobal said it has acquired the renewal rights for Allied World's marine hull business in Asia. The transaction completed on August 5. "I am very pleased ...
Louisiana Flooding Kills at Least 6; Tens of Thousands Evacuated
Emergency crews worked through the night to rescue scores of south Louisiana residents from homes and stranded cars as deadly flooding continued to inundate large swaths of the region Sunday, three ...
New U.S. Audi Vehicles Will Have Ability to Talk to Traffic Signals
German carmaker Audi is rolling out technology that will allow its vehicles in the United States to communicate with traffic signals, allowing for a more stress-free ride in what it says is the car ...
PCI Backs NAIC Flood Insurance Reform Agenda
Property/casualty insurers are throwing their weight behind NAIC proposals that includes long-term reauthorization of the National Flood Insurance Program and also an expanded private market that ...
Many VW Keyless Systems Appear Vulnerable to Hacking
Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable to theft because keyless entry systems can be hacked using cheap technical devices, ...
Fitch Bumps Up Liberty Mutual’s Ratings Outlook
Liberty Mutual Group's ratings outlook has been bumped up to positive from stable at Fitch Ratings, reflecting an acknowledgment of improved operating performance. Fitch also affirmed the financial ...
Executives On The Move at The Hanover, Allied World and Great American
A major executive at The Hanover Insurance Group is moving on. Allied World picked a new head of its Malaysia operations. Great American promoted an executive on the rise. *** The Hanover Insurance ...