Commercial Lines
The Next Tsunami: Cybersecurity for P/C Insurers
Reports of data breaches and similar incidents are becoming ubiquitous. Those events have historically involved entities that possess vast amounts of personal data, especially health and financial ...
Colorado State Team Predicts Near-Normal Hurricane Season
The Atlantic should produce a near-normal 12 storms during the six-month hurricane season that officially begins June 1, while the U.S. coastline has a below-average chance of being struck by a major ...
Munich Re Restructuring Primary Insurance Unit; Cutting Jobs in Digital Push
Munich Re, the world's second-biggest reinsurer, plans to spend 1 billion euros ($1.1 billion) by 2020 restructuring operations at its loss-making primary insurance unit in Germany. The plan for ...
Martin Senn, Former Zurich CEO, Commits Suicide
Former Zurich Insurance boss Martin Senn has committed suicide six months after leaving the company under a cloud, a tragedy that comes less than three years after Zurich's finance chief took his own ...
How to Sell Cyber Insurance Online; CyberPolicy.com Set to Launch in July
CoverHound CEO Keith Moore has a vision of simplifying cyber insurance sales that involves underwriting the security vendors used by insureds—a model that could ultimately allow small business ...
Munich Re Links with Drone Company to Quicken Catastrophe Insurance Assessments
Munich Re teamed with a drone company to help perform quicker and more detailed post-catastrophe insurance assessments around the world. The reinsurer's new partner: PrecisionHawk, a private company ...
Hurricane Making Landfall Would be a First for Many Florida Insurers
Should a hurricane make landfall in Florida this storm season, many of the homeowner insurance players now doing business there are untested as to how they'll perform when catastrophe hits. Fitch ...
Navigators, Chubb’s Illinois Union Accuse Surgical Robot Maker of Hiding Claims
It's health insurers' cardinal rule: disclose pre-existing conditions. Now comes a case in which that familiar decree involves not a patient, but rather a $1.5 million surgical robot known as the da ...