Commercial Lines
Baseball Fans Increasingly Confront Foul Ball Injury Risk
From his perch in the Atlanta Braves infield on May 20, third baseman Chris Johnson heard what sounded to him like the crack of two bats in quick succession. The first was a line drive off the bat of ...
Marsh, Aon Benfield Launch Cyber Covers Aimed at Cat, Re Buyers
Some major industry players have launched new policies designed to address growing need and demand for cyber insurance. Marsh, the global brokerage unit of Marsh & McClennan Cos., recently ...
Home Depot Cyber Violation Could Be Biggest Retail Breach Yet
Home Depot Inc., the largest home- improvement chain, confirmed that hackers attacked its computer systems at stores in the U.S. and Canada in what could be one of the retail industry's biggest ...
Americans Worry About Risks Caused by Drones: Chubb
Most Americans are worried that the increased use of drones in the U.S. could damage property, cause injury and create other new risks, the Chubb Group of Insurance Companies determined in a new ...
Commercial Insurance Price Hikes Slowed Again in Q2
Commercial insurance prices continued to moderate in the 2014 second quarter. This time, they inched up 3 percent in aggregate, versus a 4 percent increase in the first three months of this year, a ...
GM’s Hands-Free Cadillac Coming in Two Years
General Motors Co., the largest U.S. automaker, will introduce a Cadillac model in two years that can travel on the highway without the driver holding the steering wheel or putting a foot on a pedal. ...
Train Delays Force Coal-Burning Power Plants to Seek New Supply Transport
U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low by the widespread bottlenecks on ...
High-Risk Industries Face More Liability Issues in Wake of BP Ruling
A U.S. court ruling that dramatically ramped up BP Plc's potential penalties for the 2010 Gulf oil spill could create new liability risks not just for deep water drillers but also for other ...