Personal Lines
Marsh Joins World’s Largest Open Source Blockchain Initiative
Marsh said it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative with more than 400 member companies. The EEA is focused on creating open ...
Executives On The Move at Canopius, Markel and GEICO
Canopius hired two outside people to become its latest group chief operating officer and group chief financial officer, respectively. Markel Corp. created a new position - chief global ceded ...
Ford Recalls 1.38M Vehicles Over Loose Steering Wheel Bolt Issue
Ford Motor Co said Wednesday it is recalling 1.38 million vehicles in North America for potentially loose steering wheel bolts that could detach, in an issue linked to two accidents and one injury. ...
China Will Merge Its Insurance, Banking Agencies in Big Regulatory Revamp
China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and creating new ministries in the biggest government shake-up in years. The ...
GM Reportedly Will Test Airbnb-Like Service for Personal Auto Owners
General Motors Co. plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren't using them, according to people familiar with the matter. The ...
Zurich’s Cover-More Accelerates Latin America Travel Insurance Expansion
Zurich Insurance Group is doubling down on plans to expand throughout Latin America. Weeks after agreeing to pay $409 million for the Latin American operations of Australian insurer QBE, the Swiss ...
Third Winter Storm in 10 Days Menaces East Coast
The third winter storm in 10 days is bearing down on the East Coast, threatening to coat New York City with several inches of snow and dump more than a foot on Boston. New York could get 2 to 4 ...
Specialty, Niche Business Lines Are 2018’s Insurance M&A Targets: Conning
Targeted P/C insurance mergers and acquisitions should continue in 2018 after they slowed down to a trickle last year, Conning said in a new report. The predicted M&A behavior for the rest of ...