Personal Lines
The Latest Launches From Chubb, Aon Benfield, Travelers and More
Chubb will start selling construction industry-related insurance to midsize firms for the first time. Aon Benfield debuts charter flight cancellation coverage. Travelers is now offering a homeowners ...
Security Costs Drive up Warren Buffett’s Berkshire Hathaway Compensation
Warren Buffett's compensation for running Berkshire Hathaway Inc edged up 1 percent last year to $470,244, reflecting an increase in the cost of keeping the billionaire safe. Buffett's salary ...
New Zurich CEO Greco Rallies Troops with Call for Clear Strategy
Zurich Insurance Group AG needs a clear and simple strategy to rebuild investor confidence as the company tries to turn around its struggling general insurance unit, said Mario Greco, the firm's new ...
Generali Will Reportedly Name Donnet to Replace Greco as CEO
Assicurazioni Generali SpA is set to propose Italy country manager Philippe Donnet as chief executive officer, replacing Mario Greco, who has joined Zurich Insurance Group AG, according to two people ...
Arbella Insurance Foundation Relaunches Anti-Distracted Driving Program
Arbella Insurance Foundation is relaunching its anti-distracted driving program, Distractology, updating training scenarios and committing to an additional five years. Introduced in 2010, the ...
U.S. P/C Carrier Employment Begins 2016 in Decline: I.I.I. Report
U.S. P/C carrier employment began January 2016 in decline, according to a new Insurance Information Institute report. Over the last 12 months, job figures average out as essentially flat. Direct P/C ...
Home Depot Will Pay at Least $19.5M to Settle Data Breach Lawsuit
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a ...
The Hartford CEO Swift to Become Next AIA Chairman
The Hartford Chairman and CEO Christopher Swift is taking on a primary leadership role with one of the property/casualty industry's main lobbying groups. Swift is slated to become chairman of the ...