Commercial Lines
Chicken Producer, London Insurers Beak-to-Beak in Product Recall Battle
Foster Farms and its London insurers are facing off over the definition of "product recall" as the poultry producer seeks payment of $14.2 million in claims arising from a government-mandated ...
FAA Drafting Rules to Open Skies to Small Drones
The U.S. air safety regulator is drafting rules to permit small drones to be used for commercial purposes, a step toward allowing remote-control planes and helicopters to be deployed for everything ...
Lawson to Succeed Subramaniam as CEO of FM Global in 2015
FM Global announced Thursday that Executive Vice President Thomas A. Lawson will succeed Shivan S. Subramaniam as chief executive officer, effective Jan. 1, 2015. For now, Lawson has been appointed ...
ISO Joins With IDT911 to Analyze Cyber Risks
IDT911 (Identity Theft 911) has become the vendor of choice for data-breach avoidance and remediation services for the ISO Businessowners Program, ISO said Wednesday, announcing a strategic ...
Guy Carpenter: July 1 Renewal Rates Declined on Many Fronts
Insurance policy renewals as of July 1 declined by double digits in a number of lines and regions around the world, Guy Carpenter reported in a July 7 update. The market assessment echoes those made ...
Typhoon Neoguri Slams Japan: Thousands Urged to Take Shelter
Japan's weather agency warned of storms and high waves as Typhoon Neoguri skirted the country's islands of Okinawa, grounding flights and prompting some to flee their homes for emergency shelters. ...
Study Explains How Drilling Wastewater Causes Oklahoma Quakes
A new study explains how just four wells forcing massive amounts of drilling wastewater into the ground are probably shaking up Oklahoma. Those wells seem to have triggered more than 100 ...
Endurance Launching U.S. Commercial Retail Property Insurance Unit
On Monday, Endurance Specialty Holdings Ltd. announced that Mark Maritzen has joined the company as executive vice president and head of commercial property within its U.S. Insurance operation. ...