Commercial Lines
W.R. Berkley Debuts Political Risk Coverage Targeted to Life Sciences Companies
W.R. Berkley Corp. is launching political risk insurance for life sciences companies, a type of product that has become increasingly popular in uncertain times. The insurer plans to offer the ...
Liability Questions Arise After Florida Alligator Attack
The death of a Nebraska toddler killed by an alligator at Florida's Walt Disney World Resort earlier this month has raised questions over who is at fault in the incident. The parents of Lane Graves ...
Airbnb Seen as Winning Legal Battle Against Hometown San Francisco
San Francisco has picked a fight with Airbnb that it probably can't win. On Monday, the home-rental business filed a lawsuit against its hometown, saying that San Francisco's attempt to get Airbnb to ...
Global Insurance Premium Grows at Healthy Clip Despite Trade Slowdown: Swiss Re
Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in real terms, up from 3.5 percent in 2014, according to Swiss Re's ...
VW’s $15B Diesel-Cheating Settlement Will Only Go Higher in Months Head
Volkswagen AG's $15.3 billion agreement to get a half million emissions-cheating diesel vehicles off U.S. roads sets an auto-industry record that will only go higher as criminal probes and lawsuits ...
Munich Re, Hartford Steam Boiler and CNA Launch New Products
There's a new app out from Munich Re's U.S. arm that helps homeowners make their home more resilient to severe weather events. The reinsurer's Hartford Steam Boiler recently launched personal lines ...
Executives On The Move at XL Catlin, Starr Companies, JLT Re and More
XL Catlin tapped a former AIG executive to lead its new division focused on global mergers and acquisitions. Starr Companies hired a new person to lead its Financial Lines arm. JLT Re named a Guy ...
China’s Fosun Pledges Ironshore Will Hit IPO ASAP This Year
Fosun Group, China's biggest private conglomerate, will list U.S. property/casualty insurer Ironshore Inc "as soon as possible" this year, Guo Guangchang, the company's billionaire co-founder and ...