Commercial Lines
J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts)
Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to ...
Why Tesla Could Face Tough Road If It Tries to Slash $137M Racial Bias Verdict
Tesla Inc. will likely seek to slash a $137 million jury award for a Black worker who accused the automaker of racial discrimination but could have difficulty reducing the verdict amid claims that ...
Shareholder Suits Over Willis/Towers Watson Merger May Cost Insurers $80M
Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up to $80 million for settlements with shareholders who cried foul after learning that ...
Employees May Not Be Working Inside Office Buildings, But Cyber Criminals Are
The normal bustle inside of many office buildings has come to a halt during the pandemic switch to remote work, but these empty buildings could be inviting a different kind of activity: cyber crime. ...
6th Circuit Reverses Finding That COVID Orders Caused Direct Physical Loss
A federal appellate court reversed a rare policyholder win in a COVID-19-related business interruption claim, once again holding that government orders that restrict the use of a property do not ...
The Infrastructure Bill: What It Means for General Contractors and Their Insurers
The United States Senate overwhelmingly passed the $1 trillion infrastructure bill in August. The House aims to pass the bill by October. According to an analysis by S&P Global, the bill could ...
At ITC Vegas 2021, Chubb CEO Greenberg Put InsurTechs in Their Place
Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of InsurTech entrepreneurs, Chubb CEO Evan Greenberg ...
Cyber Attack Crippled Hospital, Led to Baby’s Death, Lawsuit Claims
Cyber attacks may affect more than organizations' pocketbooks. They also can hinder a hospital's care during a crucial moment, a lawsuit filed in Mobile, Ala., claims. The mother of a child who was ...