Commercial Lines
Small Businesses Avoid Business Interruption Coverage: Nationwide Survey
Nearly 75 percent of small businesses say they don't have a disaster recovery plan in place. For companies with fewer than 50 employees, just one in five – or 18 percent – have one, according to ...
Executives On The Move at QBE, SCOR and Hamilton Insurance Group
A veteran executive from Chubb is joining QBE Insurance as managing director of its Asia Pacific region, effective Sept. 1. Mark Lingafelter's new responsibilities include continued execution of the ...
Liberty Mutual Launches Safety Climate Surveys For Commercial Lines Clients
Liberty Mutual Insurance said it will start offering safety climate surveys to its commercial lines customers so they can learn from employees how safe they believe the workplace actually is. The ...
Cyber Risks Real as Automakers Bring E-Commerce to the Dashboard
Hackers can already take control of a car. And as vehicles become rolling shopping malls, cyber criminals will have an opportunity to snatch your identity, too. Eager for a cut of drivers' purchases ...
S&P Revises Zurich Outlook on RSA Bid News
Zurich Insurance Group's conditional bid to buy RSA Insurance Group plc for nearly $9 billion drew an outlook change from Standard & Poor's on Friday, from positive to stable, as the rating ...
Senators Probe Litigation Funding
Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck ...
S&P, Fitch Differ on Whether Reinsurance Price Declines Are Moderating
Two of the P/C industry's ratings entities – Fitch and Standard & Poor's – differ as to whether they see a moderation of ongoing reinsurance price declines. Fitch sees the downward trend ...
Investors In the Dark About Worsening Corporate Cyber Crime Risks
Investors are being poorly served by a haphazard approach from fund managers to the growing threat of cyber crime damaging the companies in which they invest, with a lack of clarity from the ...