Personal Lines
VW Names New Top U.S. Lawyer as It Pursues Emissions Fix Approval
Volkswagen AG has replaced the head of its U.S. legal department with an outside lawyer as it works to win approval to fix nearly 600,000 vehicles with excess emissions, a person briefed on the ...
XL Catlin Ends 2015 on Firmer, Post-Merger Solid Ground
The creation of XL Catlin in mid-2015 through a $4 billion deal put in place significant new scale and market reach for the combined insurer and reinsurer. With that in mind, parent XL Group's Q4 and ...
Allstate’s Auto Claims Rise as Fourth Quarter Profit Drops 41%
Allstate Corp., the largest publicly traded U.S. car and home insurer, said fourth-quarter profit fell on a surge in auto claims. Net income declined 41 percent to $489 million, or $1.18 a share, ...
RMS Releases Cyber Modeling System Created With Industry Support
RMS is debuting its new cyber modeling system, entering a market that CEO Hemant Shah has said is a "pretty significant opportunity for the industry." What's more, the firm collaborated with a number ...
GM Wants U.S. Judge to Reject Bid to Undo Switch Settlement Fund
General Motors Co has asked a judge to reject efforts by a lawyer who first publicly exposed a faulty ignition switch in GM vehicles to undo a settlement fund resolving 1,380 death and injury ...
Zika Health Worries: Brazil Advises Pregnant Women to Avoid Olympics
Pregnant women are advised not to travel to Brazil during the 2016 Olympic Games to avoid potential birth defects related to an outbreak of the mosquito-borne Zika virus, President Dilma Rousseff's ...
Zika Virus Raises Numerous International Liability Concerns: Marsh
Insurers must prepare for numerous liability risks as the Zika virus continues to spread internationally, a Marsh executive cautions. "Organizations in a number of industries – including ...
Lockheed Jet Database Fails Government Cyber Security Requirements
The Pentagon hasn't had updated information on maintenance of the F-35 jet since May because a Lockheed Martin Corp. database doesn't meet new government cyber security requirements, according to the ...