Specialty
Commercial Auto Saw ‘Meaningful’ Price Hikes in Q1: Willis Towers Watson
Poor claim results continue to drive "meaningful" price increases for commercial auto, but commercial insurance as a whole barely budged during the 2016 first quarter versus last year. Willis Towers ...
Ironshore Expands Global M&A Presence to North America
Ironshore International is expanding its Global Mergers & Acquisitions unit with a new Americas team that will address complex, multijurisdictional transactions within the North and Latin ...
The Latest Launches From Chubb, Beazley and Allianz
Chubb debuted new coverage targeting the U.K./Ireland middle market. Beazley unveiled an endorsement meant to help address weather-related low revenue at an event. Allianz has a new service for ...
Early June’s Bad Weather Poor Predictor For Atlantic Hurricane Season
A week into June and two tropical storms have drenched the U.S. South. Perhaps it would be a good time to stock up on duct tape, plywood and sandbags. Unfortunately, using the first few weeks to ...
Family Cites ‘Colossal Miscommunication’ in Lawsuit Over Fatal Amtrak Crash
A lawyer filing suit over a fatal Amtrak crash near Philadelphia blamed a "colossal miscommunication" for the deaths of two rail workers killed when a train traveling 106 mph struck a backhoe on the ...
Lunch With Warren Buffett Will Cost an Anonymous Bidder $3.46M
An anonymous bidder agreed at auction to pay $3,456,789 to eat lunch with Warren Buffett, tying the record for the right to dine with one of the world's most admired investors. Money will go to ...
Zurich Mulls Expanding Coverage to Help Protect Banks From Catastrophic Losses
Zurich Insurance Group AG, Switzerland's largest insurer, may increase its offering of insurance that helps protect banks from catastrophic losses like rogue trading by sharing risk with investors. ...
Smart Choices, Luck Help U.S. P/C Insurers Stay Stable: S&P
Good news alert: the U.S. property/casualty insurance sector "has been dealt a good hand" and remains stable due to smart choices and a little bit of luck, Standard & Poor's said in a new report. ...