Commercial Lines
Villers to Leave Executive Roles at Aspen Later This Year
A major executive at Aspen Insurance Holdings is stepping down later this year. Rupert Villers, chairman of Aspen Insurance and president of Aspen International Insurance, said he will leave the ...
Bird Flu Could be ‘Catastrophe’ For Turkey and Egg Industries
Deadly bird flu swelled in the poultry industry in Minnesota and neighboring Wisconsin amid speculation that winds may be carrying virus particles into facilities housing turkeys and chickens. "This ...
Willis Group’s $590M Buy of France’s Largest Broker to Give it Global Reach
Willis Group Holdings Plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn't already own to expand in France, Eastern Europe and the Middle East. Willis ...
PCI, AIA, NAMIC Among Groups Who Pushed For House Cyber Bill
Property/Casualty insurance industry lobbyists were among many who pushed for the U.S. House of Representatives to approve a cybersecurity bill this week, which it did late afternoon on April 22. The ...
U.S. House Approves Cyber Threat-Sharing Bill
The U.S. House of Representatives passed a bill on Wednesday that would make it easier for private companies to share information about cybersecurity threats with the government without fear of ...
2015 to Get a Mild Dose of Hurricanes and Tropical Storms: WSI
Expect 2015 to be another mild year in terms of hurricanes and tropical storms, according to Weather Services International's new forecast for the season. There will be nine named storms, five ...
ACE CEO Warns Insurers May be Taking on Too Much Risk Again
Ace Ltd. Chief Executive Officer Evan Greenberg said there are signs the insurance industry is entering another era of taking on too much risk as competition pressures companies to lower prices to ...
Ex-AIG CEO Greenberg Scrambles to Avoid Fraud Trial
In a last-ditch effort to avoid trial, former American International Group Inc Chairman Maurice "Hank" Greenberg is seeking permission to ask New York's highest court to throw out the accounting ...