Markets
Chubb’s Greenberg Defends Issuing Appeal Bond to Trump: ‘We Don’t Take Sides’
Chubb CEO Evan Greenberg, recognizing the criticism swirling around his company's involvement in recently providing Donald Trump with a $91.6 million appeal bond, penned a letter to explain. "When ...
Triple-I: Regulatory Restrictions Contribute to Risk Crisis in California
Regulatory restrictions to actuarially sound insurance pricing and underwriting, coupled with the need for more mitigation and resilience efforts in the state of California, are placing financial ...
No Need to Build Capacity in One Room: U.S. E&S Market vs. Lloyd’s
In an article published by Carrier Management, contributing author Greg Gaydos, a business development executive from Zywave, suggested that doing business with Lloyd's is an expensive proposition. ...
U.S. E&S Sector Is Booming…But Is it Too Much Business to Handle?
The excess and surplus lines and specialty insurance market is booming and looks set to continue its upward trajectory. The question is whether the sector currently has the resources to take ...
Report: Ransomware Attacks ‘More Frequent, More Sophisticated, More Effective’
Ransomware attackers are using a multitude of techniques to gain access in attacks that are becoming "more frequent, more sophisticated, and more effective," according to new report compiled from ...
Low Cost, Early Warning System Being Tested to Detect Cognitive Changes in Older Drivers
A new study released by Florida Atlantic University (FAU) indicates cognitive changes in older drivers can be detected relatively easily through the use of low-cost, in-vehicle sensors. Because ...
IIHS: Most Cars With Self-Driving, Driver-Assist Tech Get Low Safety Marks
Tesla's Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received "poor" ratings from the U.S. Insurance Institute for Highway Safety in ...
NAIC P/C Market Intelligence Data Call Announced; Data Due June 6
While the U.S. Treasury dropped a plan for the Federal Insurance Office to collect data on climate-related risks from property/casualty insurers last week, regulators still want to scrutinize what's ...