Commercial Lines
Hedge Funds Gain by Gambling on Lawsuits
For better or worse, the lawsuit-finance market continues to grow. Hedge funds and others speculating on litigation are making more and larger bets. Some corporate lobbyists warn that the new ...
Weather Shifts Likely as Arctic Melt Creates Weakest Gulf Stream in 1,000 Years
Gulf Stream water currents in the Atlantic Ocean have slowed to the weakest in as long as 1,000 years, threatening shifts in U.S. and European weather, as well as coastal sea levels including in New ...
Solvency II Staggers to the Finish Line: International Editor Looks Back
It's been a long process, but, according to Paul Fisher, deputy head of the Bank of England's Prudential Regulation Authority (PRA), who supervises insurance and regulatory risk, it is nearing ...
U.S. House Committee Unveils ‘Threat-Sharing’ Cybersecurity Bill
The U.S. House of Representatives Intelligence Committee introduced on Tuesday long-awaited legislation intended to enhance information sharing between private companies and intelligence agencies ...
Investigators Probe Germanwings Jetliner Crash Mystery
Investigators probing the crash of a Germanwings jetliner in the foothills of the French Alps will seek to determine why the aircraft made a rapid descent spanning eight minutes without a single ...
FAA Loosens Some Requirements for Commercial Drone Permits
Commercial drone operators will have an easier time using and testing their devices in the U.S. after the Federal Aviation Administration said it has loosened some requirements for obtaining ...
New York Regulators Launch Price Optimization Inquiry
The New York Department of Financial Services (DFS) is seeking information about price optimization from hundreds of property/casualty insurers operating in the state. New York joins a growing number ...
Berkshire, Ironshore in E&S Top 10; XL Catlin May be Next: SNL Data Analysis
Berkshire Hathaway and Ironshore were among the top 10 writers of U.S. excess and surplus lines business in 2014, according to data compiled by SNL Financial. XL Group and Catlin Group haven't made ...