Commercial Lines
Allstate Using Promise of Retail Therapy to Entice Safer Driving
Allstate believes it can entice customers to drive more safely with the promise of retail therapy. In theory, the added benefit could also attract new clients. The Illinois based multi-line insurer ...
ACE Group Expands E&O Endorsement for Nontraditional Medical Risks
ACE Westchester, the excess and surplus lines business of ACE Group, has announced a new errors and omissions endorsement designed to help medical organizations manage nontraditional risk exposures. ...
Private Companies to Get Crack at U.S.-Developed Anti-Hacking Tech
Anti-hacking technology developed by the U.S. will be offered to banks and other businesses under an initiative to promote cutting-edge research, even as some security specialists question its value ...
10 Global Automakers Sued Over Keyless Ignition Defect That Leaves Engines On
Ten of the world's biggest carmakers were sued over claims that keyless ignitions lacking an automatic shut-off endanger drivers and passengers with deadly carbon monoxide fumes. Manufacturers ...
Progressive Insurance Survey: Millennials Want Fulfilling IT Jobs More Than Higher Pay
Progressive Insurance discovered one clue about millennials that could make it easier for carriers to bring them on board in the future: they're looking for fulfillment over money. That's ...
Fitch: U.S. P/C Insurer Results Mostly Unchanged in First-Half 2015
U.S. property/casualty insurers' operating performance remained largely unchanged in the first half of 2015 compared to the same period a year prior, with $25.5 billion in aggregate operating ...
A Strengthened Tropical Storm Erika Heads Toward Florida
Tropical storm warnings were in effect on Wednesday for Puerto Rico and the Virgin Islands as Erika, the fifth named storm of the Atlantic hurricane season, closed in on the Eastern Caribbean and ...
Investors Doubt Zurich’s Tentative $8.8B Offer for RSA Will Happen
Zurich Insurance Group AG's announcement that it's considering a 5.6 billion-pound ($8.8 billion) offer for RSA Insurance Group Plc is leaving investors in doubt that the takeover will happen at that ...