Commercial Lines
More Folks are Tweeting, Texting and Taking Pictures While Driving: AT&T Survey
We've all seen individuals texting while driving. But the different types of risks people take with their smartphones while on the road are more widespread than some people realize. A new AT&T ...
Fitch Ratings: Carriers Managing Cyber Exposures as They Get Up to Speed
While cyber threats are spurring more financial risk for property/casualty insurers, carriers have managed their exposures as they work to get up to speed with experience and expertise in ...
Marsh Links With FireEye to Add Cybersecurity Service
Marsh will work with an IT firm specializing in cyber attacks to help clients evaluate their technology security and boost their ability to respond when a breach hits. The New York-based insurance ...
NCCI Sees Workers Comp ‘Turbulence’ Ahead After Solid 2014
The workers' compensation industry had a pretty good 2014 in which its combined ratio improved for the third consecutive year, premium grew for the fourth consecutive year, and claim frequency ...
Insurers Launching Their Own VC Funds Need High Risk Tolerance: Novarica
In small but growing numbers, property/casualty and other insurers are launching in-house insurer accelerators or venture capital funds. Carriers must be clear on their ultimate goal and risk ...
Executives On The Move at Allianz, Ironshore, Guy Carpenter and JLT Re
We have a number of new executive appointments to tell you about at Allianz, Ironshore, Guy Carpenter and JLT Re. *** Allianz Global Corporate & Specialty, which is part of Allianz Group, named ...
Billionaire John Paulson’s Hedge Fund Grabs $800M AIG Stake
Billionaire John Paulson's hedge fund firm bought a position in American International Group Inc. in the first quarter valued at $800 million at the end of March, in his latest bet on the insurance ...
Amtrak Train Crash Victims Limited by $200M Total Injuries Cap
There are many questions surrounding Tuesday's Amtrak crash. The amount of money victims could receive for injuries isn't one of them as federal law caps total rail-accident damages at $200 million. ...