Commercial Lines
Allianz Among Few Cos. Linking CEO Pay to Carbon Cuts: Bloomberg Analysis
There's a provision in Jean-Pascal Tricoire's compensation deal that sets him apart from most chief executive officers: the more Schneider Electric SE cuts carbon emissions, the bigger his paycheck. ...
A Little Surety History: Zurich NA Marks 125th Anniversary
Maryland Gov. Larry Hogan honored Zurich North America last month by presenting a proclamation to commemorate the 125th Anniversary of Zurich Surety. Al Redmer, Jr., the insurance commissioner of ...
Zurich Exiting P/C Business in Middle East
Zurich Insurance Group Plc said it will stop writing general insurance business in the Middle East at the end of month because of the "limited potential" for profitable growth. The decision to exit ...
Pre-Climate Conference Report: Rate of Weather Disasters Doubled in 20 Years
Weather-related disasters such as floods and heatwaves have occurred almost daily in the past decade, almost twice as often as two decades ago, with Asia being the hardest hit region, a U.N. report ...
10 Straight Qtrs. of Commercial Rate Drops; Cyber Only Up Line: Marsh
Cyber insurance stood out in the third quarter as the only line for which insurers saw consistent and large rate increases, which averaged more than 15 percent in the United States, according to the ...
Cincinnati Financial Adds Commercial Lines Leaders; Exec Retirements Announced
Cincinnati Financial Corp. announced earlier this month that Stephen M. Spray, senior vice president, will transition to commercial insurance operations at Cincinnati Insurance effective Jan. 1, ...
WCRI Event to Explore ACA Case Shifting to Workers Comp
The Workers Compensation Research Institute is presenting a webinar early next month examining the impacts of the Affordable Care Act on the workers compensation line. Although pundits have written ...
Nine Straight Years for P/C Reserves Releases: Fitch
Property/casualty insurers continued to take down loss reserves for prior years in 2014, which marked the ninth straight calendar year of favorable development for the industry in aggregate, ...