Commercial Lines
International Capital Standards Will be Slow in Coming: FIO’s McRaith
Insurers could see some version of an international capital standard by 2016, Federal Insurance Office Director Michael McRaith told a recent gathering of industry professionals in Washington, D.C. ...
Marsh: Demand For Transactional Risk Insurance is Surging Globally
The use of transactional risk insurance surged around the world in 2014, thanks to record demand in both mature and emerging markets from clients seeking to protect their corporate deals, according ...
CNA Launches Quote Advantage Tool for Small Business Segment
CNA on Friday unveiled its new Quote Advantage tool, the latest upgrade for CNA Central, the company's online automation platform for independent agents. According to a company statement, the new ...
Western U.S. Drought Pressures Expected to Intensify
Drought pressures will increase in California and western areas of the United States this spring even as the dry season begins, the government's Climate Prediction Center said on Thursday. "Periods ...
Bank of England Promises Fair Use of Solvency II Insurance Rules
The Bank of England said on Friday that it would apply new European Union insurance regulations "proportionately," following industry fears that the central bank might seek to add extra rules for ...
Zurich Exec to Senate Subcommittee: Industry Needs National Cyber Threat Database
Cyber insurance is one of the fastest growing property/casualty insurance markets. But the sector remains the Wild West of risk prevention, a fast moving target with rapidly-evolving risk portfolios, ...
China’s Ping An Insurance Reports 40 Percent Profit Gain in 2014
Ping An Insurance (Group) Co., China's second-biggest insurer, said profit rose 39.5 percent last year as stock-market rallies bolstered its investment returns and it accelerated overseas property ...
Target Will Fork Over $10M To Settle 2013 Data Breach Class-Action Lawsuit
Target Corp has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, ...