Commercial Lines
Casualty Actuarial Society Honors 4 Universities
The Casualty Actuarial Society (CAS) has selected four universities to receive the 2016 CAS University Award, an honor created to recognize schools doing exemplary work in preparing students for a ...
New Vehicles Still Being Sold With Defective Takata Air Bags
Toyota Motor Corp., Fiat Chrysler Automobiles NV, Volkswagen AG and Mitsubishi Motors Corp. are still selling new vehicles with defective air bags that will eventually need to be recalled, according ...
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 ...