Commercial Lines
Amtrak Crash Investigation Continues; Engineer Remembers Very Little
Amtrak began clearing overturned cars and replacing track in efforts to reopen the Northeast Corridor line as investigators sought to interview the engineer who is said to have no recollection of the ...
An El Nino-Driven Summer is All But Certain
A U.S. government weather forecaster on Thursday said there was a 90 percent chance that El Nino conditions would continue during the Northern Hemisphere summer, an increase from last month's ...
Coalition Demands Well Moratorium in Oklahoma Quake Areas
A coalition of environmental and grassroots organizations is calling for a moratorium in Oklahoma on the use of wastewater disposal wells by the oil and natural gas industry in areas where they may ...
AIG Moves Investment Exec Schreiber to M&A Leadership Role
American International Group Inc. named dealmaker Brian Schreiber chief strategy officer as the insurer shifts to expanding through acquisitions after years of contracting through asset sales to ...
Swiss Re Predicts More M&A Due to New Regs and Capital Surge
New regulations and an influx of alternative capital will spur more mergers and acquisitions in the insurance industry, Swiss Re AG said. "We expect to continue to see a certain shakeout in the ...
Cyber Risk Shortfall: Company Property Assets More Broadly Protected Than IT
A new industry survey underscores how companies aren't yet adequately covering their information technology risks, even as as cyber vulnerabilities rapidly become more costly and serious. Among the ...
Building Advanced Analytical Capabilities to Deliver Business Value
In the words of XL Catlin CEO Mike McGavick, we face "the imperative for robust use of advanced data and analytics." It's an imperative that XL Catlin has taken very seriously, for several reasons. ...
Insurity Grabs Oceanwide in Bid to Build Bigger P/C Industry Software Provider
A Connecticut company that supplies software, data processing and analysis for property/casualty insurers and agents has snatched up a Canadian rival in a bid to diversify. Insurity said it has ...