Commercial Lines
Class Action Suit Accuses News Corp. of Monopolizing In-Store Ads
News Corp went to trial on Monday in a class action lawsuit that accuses the company of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States. Jury ...
Allstate: 400 Jobs Will Flesh Out New Chicago Innovation Hub
Allstate Corp. plans to bring nearly 400 jobs to Chicago focused on innovation and technology in a bid to improve customer service. Plans call for establishing an innovation hub at the Merchandise ...
P/C Insurers See Wide Uses for Predictive Analytics: Willis Towers Watson
Property/casualty insurers plan to drastically widen their use of predictive analytics over the next two years to expand and grow their operations, a Willis Towers Watson survey has found. What's ...
Allianz Global Corporate & Specialty Launches Aviation Workers Comp Unit
Allianz Global Corporate & Specialty (AGCS) has established an aviation workers compensation department in the U.S. by entering into an agreement with the National Air Transportation Association. ...
Executives On The Move at Chubb, American Modern, Zurich Insurance and More
Munich Re's American Modern Insurance Group is getting a new CEO. Chubb named new executives in its Asia Pacific region. Zurich Insurance has its latest chief underwriting officer for general ...
Many Insurers See Google as Potential Threat: Report
More than 40 percent of insurers see Google as a potential threat because of its strong brand and ability to use customer data, a report released on Tuesday said. And young, mobile phone-friendly ...
Ex-American Modern CEO Rios Will Lead South African Insurance Group
When Manny Rios left his job as CEO of Munich Re's American Modern in August 2015, his next steps were a mystery. Now we know: He's become the leader of a South African insurance group Telesure. The ...
XL Group Looking to Switch Corporate HQ from Ireland to Bermuda
XL Group's $4 billion merger with Catlin in 2015 has led the insurance and reinsurance giant to look at its second change of incorporation in six years. The Ireland based holding company for XL ...