Commercial Lines
Judicial Panel Orders Hurricane Sandy Flood Insurers to Fork Over Reports
A Travelers Cos. unit and other flood insurers accused by Hurricane Sandy victims in New York of using falsified engineering reports must turn over the drafts to policyholders, a three-judge panel ...
Navigators Appoints Former GenStar Exec Roberts to Board
The Navigators Group, Inc. announced Tuesday that Patricia Roberts has been appointed to its board of directors. Roberts had a 35-year career at General Reinsurance Corporation, joining in 1977 as an ...
Liability Alert: Chevron Leads in Greenhouse Gas Production
Chevron Corp. has produced more greenhouse gases than any other fossil-fuel company, according to a study released as global climate talks continued today in Lima. Chevron edged out state-owned Saudi ...
Westminster American Insurance Chooses Next CEO
Regional carrier Westminster American Insurance Company has named its longtime general counsel to be the next president and CEO. John Scott, Jr. will assume the top spot on Jan. 1, 2015. He'll ...
Towers Watson: Commercial Insurance Prices Rose Slightly in Q3
Commercial insurance prices grew on average about 3 percent in the 2014 third quarter compared to the previous year. It matched last quarter's uptick and halted more than a year of consecutively ...
Report: Sony PlayStation Online Store Slammed by Cyber Attack
Sony Corp's PlayStation online store was hacked on Monday, leading to a two-hour outage, the Financial Times reported, without citing sources. Sony confirmed the outage and said it was investigating ...
Uber Insurer James River Jumps Into Junk-Rated Loans
The insurer that ride-sharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it's more willing than competitors to invest in junk-rated loans. ...
Verisk Grabs ‘Complementary’ British Rival for $31.6M
Verisk Analytics snatched up a British analytics and advisory outfit for more than $31.6 million, beefing up its research and data capacity for geopolitical and other risks in the process. The New ...