Commercial Lines
Travelers CEO Fishman Briefly Had His Eyes on Chubb
Travelers Chairman and CEO Jay Fishman disclosed that the property/casualty insurance giant briefly considered a possible merger deal with Chubb. The idea was discarded, he said, after the ...
Hiscox USA Brings On New Chief Underwriting Officer
Hiscox has named a new chief underwriting officer for its fast-growing U.S. unit. Nicole Goodwin will be based in Hiscox USA's New York City office. She replaces Gary Head, who will head to London to ...
Seven Companies Join Ward’s Annual Top 50 P/C Ranking for 2015
There are only three companies that have made it onto an annual list of 50 top property/casualty insurance performers for 25 straight years, according to the list's publisher, Ward Group. Ward ...
Executives On The Move at The Hartford, QBE and More
We have some executive hires and promotions to tell you about at The Hartford, QBE North America, Validus Holdings' Talbot Underwriting, Donegal Group Inc., and Wells Fargo Insurance: *** The ...
Tit For Tat: EXOR Once Again Boosts Its Bid For PartnerRe
Days after PartnerRe and AXIS Capital Holdings released sweetened terms of their merger deal, upstart bidder EXOR SpA has done the same. The Italian investment firm enhanced its own $6.8 billion ...
Uber Loses Bid To Toss Lawsuit Challenging Its Safety Claims
Uber Technologies Inc. lost a bid to dismiss a lawsuit over its claims to being safer than taxis. U.S. District Judge Jon Tigar in San Francisco on Friday allowed the case to proceed, finding that ...
New Madrid Earthquake Sequence Could Cost Insurers $150B: Swiss Re
A series of earthquakes similar to the New Madrid quakes of 1811/1812 could cost the insurance industry more than $150 billion, making it the costliest natural disaster to date, according to a new ...
Tokio Marine Looking at China Expansion
Tokio Marine Holdings Inc., fresh from its biggest acquisition in the U.S., is now looking for opportunities in China. The insurer plans to utilize its ties with Citic Group Corp., China's biggest ...