Commercial Lines
Federal Court Rules Travelers CGL Policy Covers Data Breach
A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private ...
Generali Deepens U.S. Commitment With Property Offering
The U.S. branch of Generali's Global Corporate & Commercial business unit has launched a property insurance product for U.S.-based multinational corporations. GC&C is a relative new kid on ...
Swiss Re Americas Reorganizes U.S. P/C Markets Division
The departure of Swiss Re Americas executive William Donnell last fall opened the door to a major reorganization for the reinsurer's U.S. property/casualty arm. Donnell had been president of Swiss Re ...
Executives On The Move at W.R. Berkley, QBE, Argo and Ironshore
QBE North America hired a former AIG human resources executive to fill a key human resources role. Argo Group appointed a new president of Argo Pro U.S. Ironshore Inc. named a new leader for its ...
Beazley/Munich Re Start Selling Broad Cyber Cover for Large Global Companies
Beazley will link up with a unit of Munich Re to roll out broad cyber protection for the world's largest companies, with a focus on digital assets and IT infrastructure. Plans call for Beazley, the ...
Global Cyber Email Scams Cost Businesses Billions of Dollars
Businesses have lost billions of dollars to fast-growing scams where fraudsters impersonate company executives in emails that order staff to transfer to accounts controlled by criminals, according to ...
Ex-AIG CEO Benmosche’s Posthumous Memoir Slams Wall Street Greed
Robert Benmosche, the former American International Group Inc. chief executive officer who repaid a U.S. bailout, left behind criticism for Wall Street after his death. "The commissions being charged ...
CNA Grabs More Chubb Veterans for Leadership Positions
CNA Financial Corp., majority-owned by the Tisch family's Loews Corp., hired Kathleen Ellis and Drew Feldman to be senior vice presidents as the property-casualty insurer picks up more veterans of ...