Commercial Lines
Rideshare Apps Slug It Out vs. Each Other, Taxis and World in New York
Uber and Lyft are among the tech companies pushing back at proposed rules by New York City's Taxi and Limousine Commission to regulate car service apps. Uber says the rules break federal law because ...
Workers Comp Insurers Post First Underwriting Profit Since 2006
U.S. workers compensation insurers, a group led by Travelers Cos. and Hartford Financial Services Group Inc., posted their first underwriting profit since 2006, helping the industry counter lower ...
AXA to Acquire SulAmérica’s Commercial Lines Unit
AXA has agreed to acquire 100 percent of with SulAmérica SA's large industrial and commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 135 million Brazilian real ...
U.S. Bird Flu Catastrophe Harms Egg Producers and Consumers Alike
Be it scrambled, poached or sunny side up, the cost of egg breakfasts may jump by billions of dollars during the U.S.'s worst outbreak of bird flu, Goldman Sachs Group Inc. said. U.S. consumers will ...
BP Resolves Oil Spill-Related Claims With Hailiburton, Transocean
BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. ...
Swiss Re’s Emerging Risk Worries: Natural Catastrophes to the ‘Internet of Things’
Emerging risks with the highest potential impact in coming years may not be what you think. A new Swiss Re report identified four that top the list: Large natural catastrophes, de-globalization and ...
Get Social, Look Forward to Innovate: Chubb Chief Innovation Officer Bidwell
Like any property/casualty insurer, Chubb Insurance faces the challenge to refresh its business with new ideas. But unlike a lot of its peers, the Warren, N.J.-based carrier has a chief innovation ...
Travelers: Cyber Threats, Medical Costs, Legal Issues Top Business Concerns
Cyber risks, medical cost inflation and legal liability are among the top concerns for American businesses of all sizes, according to results from the 2015 Travelers Business Risk Index. There is ...