Commercial Lines
VW Gets Easier Ride in Europe on Emissions Scandal
Volkswagen is unlikely to face U.S.-style fines in Europe over its emissions scandal because of a softer regulatory regime and its home country Germany's determination to protect its car industry, EU ...
At No. 2, AXA Is Highest with P/C Operations on A.M. Best Global Insurer Ranking
Coming in at No. 2, French company AXA S.A. is the highest ranking insurer with property/casualty operations on A.M. Best's new roundup of the top global insurers by net premiums written. Half the ...
A.M. Best Maintains Negative Outlook For U.S. P/C Commercial Lines
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
Texas Tornadoes Led to Bulk of Dec. U.S. Insured Storm Losses: Aon Benfield
The last 10 days of 2015 turned out to be brutal in terms of weather, contributing to at least $2 billion in insured losses for the month of December, according to Aon Benfield's Impact Forecasting. ...
California Welcomes El Niño-Driven Rain and Snow
Egged on by El Nino, rain is falling across California. While it's welcome, wanted and setting records, it still isn't enough to bust the drought. That doesn't mean the mood is dour because after ...
Hank Greenberg’s CV Starr & Co. Gave $10M to Bush-Friendly Super PAC
Maurice "Hank" Greenberg's insurance company donated $10 million to a super-PAC supporting Republican Jeb Bush's bid for the White House, making him one of the biggest contributors to the 2016 ...
Executives On The Move at CNA, AIR Worldwide and RLI
CNA has a new senior vice president; Verisk Analytics business AIR Worldwide gained a new president; RLI promoted two executives. *** CNA named a Zurich and OneBeacon veteran as its new senior vice ...
AIG CEO Peter Hancock Will Outline His Vision on Jan. 26
American International Group Inc., the insurer that has rebuffed activist investor Carl Icahn's push to divide into three companies, set a Jan. 26 presentation to outline Chief Executive Officer ...