Commercial Lines
Lufthansa’s Knowledge of Crash Pilot’s Depression Could Impact Insurance Claims
The German pilot who crashed a plane in the French Alps last week, killing 150 people, told officials at a Lufthansa training school in 2009 that he had gone through a period of severe depression, ...
Reputational Harm Claims Most Costly For Small Businesses: The Hartford
Claims involving libel, slander and violation of property – known as reputational harm in industry lingo – are the most expensive that small businesses are likely to experience. The most common: ...
Allianz Estimates $300M Cost for Germanwings Crash
Allianz estimates insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane in the French Alps last week, insurance industry sources said on Monday. The figure ...
D&O Insurance Pricing Down, EPLI Up in Q4: Aon
No matter how you slice it, overall program pricing for directors and officers liability insurance was down on average for the fourth quarter and the full year in 2014, according to the latest report ...
Executives On The Move at Allianz, CNA and Aspen
This week, we have some executive changes to tell you about at Allianz, CNA and Aspen Insurance Holdings. *** Allianz Group's Allianz Global Corporate & Specialty has made a new executive hire in ...
Ex-Fireman’s Fund CEO LaRocco Named State Auto’s New Leader
An ex-Fireman's Fund CEO will become the new leader of State Auto Financial Corp., replacing the company's long-time leader as he readies for retirement. Michael LaRocco assumes the president and CEO ...
Calif. Tech, VC Firms Out in Front—This Time on Bias Suits in State Court
Kleiner Perkins Caufield & Byers' decisive victory over Ellen Pao's gender bias suit doesn't mean Silicon Valley giants are off the hook. More lawsuits alleging gender discrimination, sexual ...
Plaintiff Pao Loses California Gender Discrimination Case
A jury soundly rejected Ellen Pao's claims of gender discrimination by Kleiner Perkins Caufield & Byers, in a case that riveted Silicon Valley for weeks and exposed how women fare in the ...