Commercial Lines
Towers Watson Shareholder Group Reportedly Wants Better Willis Merger Terms
Stakeholders who own millions of shares in Towers Watson & Co. are planning to vote against the firm's $8.7 billion merger with Willis Group Holdings Plc if the terms of the transactions are not ...
China Re Will Sell Half of $2B IPO to Cornerstone Investors
China Reinsurance Group Corp., the nation's biggest reinsurer, will sell about half of its as much as $2 billion Hong Kong initial public offering to cornerstone investors. U.S.-based Prudential ...
U.S. Judge Signs Off on Settlement in Canadian Oil-by-Rail Disaster
A U.S. bankruptcy judge on Friday approved a settlement that clears the way for payments to victims of Canada's Lac-Megantic crude-by-rail derailment, according to the trustee for the insolvent ...
Emerging Risks: The High-Speed Data Highway
Data seemingly drives everything these days. So there's little wonder it lies at the heart of the insurance industry's emerging risks. Big Data no longer intersects our daily lives; it is prevalent ...
The Hanover Revamps Coverage For Non-Profit Groups
The Hanover Insurance Group is beefing up one of its main product offerings targeted to nonprofit organizations, with more sophisticated cyber security protection and other added offerings. Helen ...
FAA Aims to Send Message With $1.9 M Penalty For Drone Photographer
The U.S. Federal Aviation Administration is proposing the largest fine to date against a drone operator as the agency cracks down on the booming use of unmanned aircraft in congested skies over ...
How a Doomed U.S. Cargo Ship Collided With Hurricane Joaquin
The ill-fated U.S.-flagged El Faro cargo ship sunk by Hurricane Joaquin was sailing at near full speed into the center of the storm before it lost propulsion amid mountainous waves and brutal winds, ...
Hamilton CEO Duperreault: Tech Improvements Boost Carriers and Brokers
Technology can transform and improve how the property/casualty insurance industry works on both the carrier and broker sides of the equation, asserts Hamilton Insurance Group CEO Brian Duperreault. ...