Commercial Lines
Three Tobacco Companies to Appeal $12.5B Canadian Court Ruling
Three tobacco companies plan to appeal a C$15.6 billion ($12.5 billion) decision by a Canadian court in favor of smokers in class-action lawsuits. The Quebec trial court ruled that British American ...
China Insurers Rush to Site of Capsized Ship on Yangtze River
PICC Property and Casualty Co Ltd, the insurer of a ship that capsized in China's Yangtze river on Monday, and other insurers have sent teams to the site to settle claims in connection with what ...
Climate Change Not Yet Boosting Atlantic Hurricane Activity: Karen Clark & Co.
Climate change may be ongoing, but it doesn't seem to have any measurable effect so far on North Atlantic hurricanes that drive cat market losses. The future, however, could be much more risky. ...
A.M. Best: Gross Written Reinsurance Premium Drops in London Market
Lloyd's gross written reinsurance premium dropped more than 5 percent from 2013 to 2014, underscoring the competitive threat to the London market posed by local and regional reinsurance hubs, A.M. ...
ACE Launches Broad General Market Offering for Multinational Middle-Market Companies
ACE Group has launched a new insurance offering that combines domestic and international general liability coverages to create a single solution for global companies within the U.S. middle-market ...
Why Facebook, Data Brokers Are Medical Plaintiff Lawyers’ Best Friends
For ambulance chasers, persistence and a phone book just don't cut it anymore. Law firms, which once relied on television commercials, billboards, and cold calling numbers in the white pages to find ...
Hundreds of Sandy Flood Victims Contact FEMA For Damage Claims Review
Close to 1,000 Sandy flood victims have contacted the Federal Emergency Management Agency to have their damage claims reviewed since the government entity offered to do so in a first round of letters ...
Illinois Signs Connecticut Insurance Dept. Acting Commissioner to Top Regulator Job
Gov. Bruce Rauner says he will appoint the acting commissioner of the Connecticut Insurance Department to be director of the Illinois Department of Insurance. Rauner's office made the announcement on ...