Markets
The Latest Launches From Lemonade, QBE, FM Global and More
P2P startup Lemonade gained its license to start selling renters and homeowners insurance in Illinois. QBA North America and a few partners will start offering a new national workers' compensation ...
Stephen Catlin to Retire as XL Group’s Executive Deputy Chairman
XL Group, the corporate parent of XL Catlin, said that Stephen Catlin will be retiring as executive deputy chairman at the end of 2017. Catlin sold his eponymously named Bermuda specialty insurer and ...
Michael O’Halleran, an Influential Aon Executive, Will Retire After 37 Years
Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, announced that Michael O'Halleran will retire after 37 years of service. From his founding role as leader of Aon Re ...
3-D and 4-D Printing: Transforming Our World and the Trail of Liability
For any property/casualty insurers out there wondering whether to cover exposures from 3-D printing, you probably already are, according to Bob Weireter, senior underwriter of casualty treaty ...
Frivolous Lawsuit? Wise Sued for Allegedly Underfilling Potato Chip Bags
The maker of Wise potato chips has been sued by two consumers who said it fills bags less than halfway, deceiving them into overpaying. Wise Foods systematically underfills bags and has left them 58 ...
AIG’s Turnaround Plan Is at Risk Due to Morale Crisis: UBS Analysis
A morale crisis at American International Group Inc could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an ...
AIG Chairman Backs Departing CEO’s Strategy, Opposing Breakup
American International Group Inc.'s chairman reaffirmed support for the course charted by Peter Hancock, even after the CEO announced he was stepping down because of insufficient investor backing. ...
AmTrust Soars on NASDAQ After Filing Delayed 2016 Annual Report
After two delays, AmTrust Financial Services has finally released its 2016 annual report and updated financials dating back to 2014. Investors appear to be elated by the news. AmTrust's stock soared ...