Commercial Lines
Re Results Blot W.R. Berkley’s Otherwise Soaring Financials
On the surface, at least, W.R. Berkley Corp.'s 2014 second quarter reflects a stellar array of gains in everything from gross and net premiums written to net income, operating income and improved ...
XL CEO: Distinctive Offerings, Historic Relationships Buffer Re Business
Simply put, XL Group's 2014 second quarter was both tough and solid. The property/casualty and specialty insurer and reinsurer said it lost more than $279.2 million during the period, about $1.03 per ...
QBE Forecasts Profit Decline Resulting from Latin America WC Reserve Boost
QBE Insurance Group Ltd. slumped the most in seven months after forecasting an 18 percent decline in first-half earnings due to higher claims in Latin America and competition with other insurers. Net ...
Insurance.com: Most Americans Are Revving Up for Driverless Cars
While driverless cars may be some time from everyday use, most Americans are seriously game to try one. A new Insurance.com survey determined that most Americans are comfortable with driverless cars ...
Berkshire Appoints Prussack VP of New Fiduciary Liability Line
Berkshire Hathaway Specialty Insurance announced Monday that it is entering the fiduciary liability market and has named Rhonda Prussack as vice president to lead the effort. Prussack most recently ...
12% Chance of Damaging Solar Storm Over 10 Years; Preparation Key: Reuters Columnist
The probability of a solar storm striking Earth in the next decade with enough force to do serious damage to electricity networks could be as high as 12 percent, according to solar scientists. One ...
Regulators Quiz Google on Actions Related to Privacy Ruling
Google's handling of "right to be forgotten" requests from European citizens came under fire by regulators after the search engine company restricted the removal of Internet links to European sites ...
Congress Urged to Help Miners with Black Lung Disease
A retired coal miner who suffers from black lung disease urged Congress last week to help clear a backlog of claims of fellow miners who have the disease. "I look to y'all to help us to get that ...