Commercial Lines
Ebola Disrupts Some of Exxon Mobil’s West Africa Operations
Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak, including plans to drill offshore Liberia, the company's chief executive officer said on ...
AmTrust Closes Deal to Snatch Up Florida WC Insurer
AmTrust Financial Services has closed its purchase of a workers compensation insurer—a subsidiary of Blue Cross & Blue Shield of Florida (Florida Blue)—right according to plan. AmTrust still ...
Data Theft from 76 Million Homes Enabled by JPMorgan Password
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million ...
USAA Wants to Survey Disaster Site Damage With Drones
United Services Automobile Association, the provider of insurance to military families, is seeking permission to use unmanned drone aircraft to survey damage at disaster sites. USAA requested ...
State, Federal Regulators Vow Cooperation Against Global Uniformity
State and federal insurance regulators insist they will make sure U.S. regulatory standards aren't being subsumed beneath a bid for international uniformity, though they will continue to strive for ...
AIG Trial Testimony: Billions in Bailout Bucks Came Through, Sans Paperwork
The Federal Reserve Bank of New York poured billions of dollars into rescuing American International Group Inc. in September 2008 without drawing up documents that would cement the government's ...
No New Property-Cat Bonds in Q3: Verisk
There wasn't a single new property-catastrophe bond issued in the 2014 third quarter, the first time that's happened this time of year in at least a decade, Verisk Insurance Solutions asserts in its ...