Commercial Lines
1,000-Plus Lawsuits Allege Pfizer Knew Zoloft Posed Birth Defect Risk
Pfizer Inc. researchers concluded last year that pregnant women taking Zoloft risked having babies with heart defects, according to evidence made public by a lawyer at the first trial of more than ...
Travelers Grabs Bulk of P/C Biz From Brazilian Joint Venture
The Travelers Companies Inc. will snatch up the bulk of the property casualty business from its joint venture in Brazil, underscoring insurers' increasing focus on emerging markets. Financial details ...
XL Unveils Sharia Compliant Equine Cover Through Lloyd’s of London
XL Group has rolled out what it bills as the first Shariah compliant product available through Lloyd's of London – cover for horses. Offered with Cobalt Underwriting (a specialist Shariah compliant ...
Standard & Poor’s: Insurance Industry Growth Isn’t Coming Easy
Global insurers are generating solid growth despite dealing with sluggish economies, historically low interest rates and new regulatory restrictions, Standard & Poor's concluded in a new report. ...
States—Not Feds—Should Oversee Workers Comp; Reform Challenges Mount
Workers compensation insurance is getting a bad rap these days, with everyone from an investigative media organization to North Carolina's governor offering criticisms of how "the grand bargain" of ...
Amazon Drones: The Costs and The Benefits
Amazon.com Inc.'s proposed use of drones could drive down the cost to deliver small packages crosstown to about $1— a fraction of existing same-day delivery options, according to a study by a ...
Asia Growth Expected from Beazley Lloyd’s Syndicate Pact With Korean Re
Beazley and Korean Re announced a partnership to develop business together and to set up a special purpose syndicate at Lloyd's, Syndicate 6050. "We hope this collaboration will enable Beazley to ...
Amazon Gets Fresh Approval for Drone Tests
Amazon.com Inc. has won approval from U.S. federal regulators to test a delivery drone outdoors, less than a month after the e-commerce powerhouse blasted regulators for being slow to approve ...