Commercial Lines
China Investment Firm to Buy Big Stake in Ironshore
An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in late June. ...
Hallmark Financial Services Pulls in CNA Vet as New CEO
Hallmark Financial Services, an insurance holding company based in Texas, has brought on a veteran executive from Torus Insurance Holdings Ltd. and CNA Financial Corp. as its new CEO. Naveen Anand ...
Small Businesses Prefer Personal Lines Insurers, Survey Contends
Insurers writing predominantly personal lines of insurance do a better job in satisfying their small business customers than insurers focused more on commercial lines, a new survey contends. ...
44 Carriers Working With Consumer P/C Insurance Portal
Web-based consumer insurance agent portal TrustedChoice.com, created through an alliance of companies, agents and a trade association, now operates in 46 states and has 44 carriers or their ...
For now, Atlantic Hurricanes are Few and Far Between
It's almost the middle of August, and the Pacific has been cranking out hurricanes and typhoons all over the place. So, what's with the Atlantic? After just about two and half months, hurricanes ...
Coastal Cities Sinking Faster Than Sea Levels Rising, Lloyd’s Warns
A bulletin from Lloyd's of London warns that, "as sea levels rise, ground levels in coastal megacities are also falling – with potentially disastrous implications for insurers. Insurers of large ...
Has Global Warming Been Ongoing or Not?
The climate change debate continues with new research pointed to a steady global warming trend over thousands of years to the present, contrary to a major work issued in 2013 that tracked cooling ...