Commercial Lines
P/C Mutuals Worry Over Technology, Regulation and Capital: Conning
Property/casualty mutual insurance companies, facing stiff competition from their stock insurer rivals, are wary about the onslaught of technology, regulation and new sources of capital, Conning, ...
NAMIC: TRIA Renewal Will Likely Come Down to the Wire
The Terrorism Risk Insurance act, or TRIA, expires on Dec. 31, 2014, unless Congress passes renewal legislation. At least one industry lobbyist predicts this will happen, but almost at the last ...
NAMIC Conference: Gen Re’s Kingdollar Sounds Alarm About Emerging Risks
Cyber attacks, nanotechnology, 3D printing, and natural gas drilling aren't necessarily on the minds of your typical property/casualty mutual insurer. But Charlie Kingdollar said that these and many ...
Catalina Agrees to Acquire Danielson Indemnity
Catalina Holdings (Bermuda) Ltd. has signed a definitive agreement to acquire Danielson Indemnity Company, the holding company of National American Insurance Company of California and Danielson ...
AXIS Capital Eyeing More Insurance Biz, Acquisitions as Re Market Gets Uglier
AXIS Capital Holdings Ltd. plans to expand the insurance side of its business to make up for lower earnings from the reinsurance segment. "I wouldn't be surprised now over the next couple of years if ...
GNY CEO Warren Heck to Retire; Daughter Will Replace Him
Warren Heck, the long-time leader of GNY Insurance Companies, plans to retire at the end of 2014. He'll remain at the insurer as non-executive chairman. But Heck's daughter, Elizabeth Heck, currently ...
Marijuana and Workers Comp
There are some who believe medical marijuana and the workplace are a potent mix just waiting to be stirred as increasingly more states approve the herb and its derivatives for medicinal use. Not only ...
SEC Paying $30M-Plus to Whistleblower in Largest Award Yet
An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to ...