Commercial Lines
Dallas Police Use of Killer Robot Opens Risky Door
When Dallas, Texas, police used a bomb-carrying robot to kill a sniper, they also kicked off an ethical debate about technology's use as a crime-fighting weapon. In what appears to be an ...
Berkshire Hathaway Snatches Up New York Medical Liability Insurer
Berkshire Hathaway subsidiary National Indemnity Company is snatching up Medical Liability Mutual Insurance Company for an undisclosed price. The deal will close in the 2017 third quarter, pending ...
XL Catlin Seeks to Spur Africa Market Growth With New Reinsurance Unit
XL Catlin is hoping to spur growth of the insurance market in Africa with the establishment of a new unit focused on providing facultative and treaty reinsurance across the continent. "Traditionally ...
Fiat Chrysler Reportedly Under U.S. Justice Dept. Fraud Investigation
Fiat Chrysler Automobiles NV is under investigation by the U.S. Justice Department for fraud, according to people familiar with the matter. Prosecutors are scrutinizing whether the carmaker violated ...
The Latest Launches From Chubb, BHSI, Ironshore and More
Chubb added beefed up technology company coverage in the U.K. and Ireland. Berkshire Hathaway Specialty Insurance brought its directors and officers insurance products to Asia. Ironshore has now ...
D&Os Worry These Days About Emerging Liability Risks and More
There are lots of emerging liability risks that may be keeping corporate directors and officers awake at night, which is why their D&O insurance protection is rising up their list of concerns. ...
The Hanover’s Lloyd’s/Chaucer Arm Expects 2016 Q2 Underwriting Loss
The impact of catastrophes, large loss activity and foreign exchange movements are expected to bring an underwriting loss for Chaucer in the second quarter, when it will report a combined ratio in ...
BP Deepwater Horizon Spill Liability Climbs to $61.6B
BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The ...