Personal Lines
California Will Require Drivers for Driverless Cars
Google Inc. envisions a world where a blind man can get in his car alone and tell it to take him to the grocery store. California regulators say self-driving automobiles aren't smart enough yet to ...
Your Toaster Could be at Risk for a Cyber Attack
Hijacking "smart" toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to ...
A.M. Best Places AIG’s Financial Strength Rating Under Review, with Negative Implications
AIG's massive strategic plan - including a move to boost its loss reserves - caught the attention of A.M. Best. The ratings outfit is not impressed. The financial strength rating for American ...
Uber Fails to Freeze Drivers Group Lawsuit
Uber Technologies Inc. lost its bid to freeze a lawsuit bound for trial over California drivers' demands to be treated as employees while the company appeals rulings that dramatically increased the ...
Insurance Industry M&A Set to Surge: Willis Towers Watson
Insurance industry M&A activity will intensify, rather than dissipate, over the next few years, according to a Willis Towers Watson survey of senior insurance executives. Approximately 82 percent ...
Executives On The Move at XL Catlin, Allied World, RSA and Everest Re
XL Catlin brought in a new claims executive. Allied World hired a former XL Catlin executive to help guide its professional liability business. A pending resignation at RSA spurred several new ...
AIG Keeps DeMaio in Charge of Mortgage Unit as Sale Options Mulled
American International Group Inc.'s Donna DeMaio, who has management duties for several different segments of insurance, was designated to stick with the mortgage-guaranty subsidiary that the company ...
Chubb CEO Evan Greenberg Predicts Little Post-Merger Exec Turnover
Chubb Chairman and CEO Evan Greenberg insisted he believes opportunity and incentives will encourage most executives to stay with the insurer in the wake of its recently completed mega-merger. "I ...