Commercial Lines
U.S. Rules on Cuba Ease Travel, Trade, Insurance Restrictions
The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. ...
J&J Claims Illegal Solicitation of Women to Join Transvaginal Mesh Lawsuits
Johnson & Johnson said in a court filing on Wednesday that women are being illegally solicited by unknown callers trying to persuade them to sue over transvaginal mesh devices, which are the ...
Liberty Mutual: Overexertion and Falls Add the Most to U.S. Workers Comp Costs
Overexertion and falls account for more than $25 billion in workers compensation costs in the U.S., according to Liberty Mutual Research Institute for Safety's 2014 Workplace Safety Index. In its ...
I.I.I. Survey: Cyber Insurance Will See Major 2015 Growth
Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and M&A activity in 2015, according to a new Insurance Information Institute annual survey. I.I.I.'s ...
Top Corporate Risks: Allianz Risk Barometer 2015
Business interruption and supply chain risk, natural catastrophes, and fire/explosion top the list of company risks in 2015, according to the fourth annual Allianz Risk Barometer, which surveyed more ...
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
It’s Official: President Signs TRIA Reauthorization Into Law
President Barack Obama has signed into law H.R. 26, The Terrorism Risk Insurance Program Reauthorization Act of 2015, Property Casualty Insurers Association of America reported yesterday, calling the ...
Potential Reserve Hiccups Keep A.M. Best Commercial Outlook Negative
Even though A.M. Best expects commercial lines operating results to be profitable in 2015, and capital levels to be strong for most insurers, its outlook for the segment remains negative. One key ...