Commercial Lines
Munich Re’s Hartford Steam Boiler Becomes Latest Insurer to Test Commercial Drones
Specialty property insurer Hartford Steam Boiler won an exemption from the Federal Aviation Administration to start using drones for property inspections, underwriting and loss prevention work. The ...
RIMS 2016: Travelers CGL Data Breach Ruling Won’t Impact Cyber Market
What will be the effect of this week's federal court ruling that Travelers Indemnity, under its commercial general liability (CGL) coverage, must defend an insured sued due to a medical records data ...
Markel International Streamlines Structure of Wholesale Business Arm
London-based specialist insurer Markel International said it has streamlined the structure of its wholesale business. The Markel Corp. subsidiary said that the division now has three operating ...
Solid Publicly Traded Reinsurer Results Under Threat: A.M. Best
Reinsurers have been delivering solid operating results, with publicly traded reinsurers currently outpacing the overall equity market – but this good fortune may not be sustainable, given the ...
Connected Cars Seen Vulnerable to Terror Groups
Internet-connected and driverless cars could be targets for hackers—potentially including terrorists and hostile nations—so the automotive industry must ensure vehicles have built-in ...
Europe Terrorist Attacks in 2015 ‘Most Lethal’ in Nearly a Decade: Aon Risk Map
As terrorists increasingly target private citizens and public gatherings, last year marked the most lethal year for terrorist violence in Europe in nearly a decade, according to Aon Risk Solutions' ...
Former K&K Exec Launches Private Equity Fund to Acquire MGAs
A group of investors led by Matthew Sackett, former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the ...
Aquiline Capital Buying UK Online Small Business Insurance Brokerage
On Monday, New York-based private equity firm Aquiline Capital Partners LLC, said it entered into a definitive agreement to acquire Simply Business, an online brokerage service delivering tailored ...