Specialty
ACE/Chubb Merger Makes it a Major U.S. P/C Player: Fitch
The massive $29.5 billion ACE/Chubb merger in 2015 vaulted the combined company to seventh place in the U.S. property/casualty insurance market. But the remaining top 10 rankings saw few other ...
Chubb Expands Distribution Network for Environmental Products and Services
Chubb has broadened the availability of its premises pollution liability and other environmental insurance coverages and risk management solutions through an expanded distribution network. Chubb's ...
Colorado State Forecasts 12 Named Storms for the 2016 Atlantic Hurricane Season
The coming Atlantic hurricane season should produce a near-average 12 named storms before it ends in November, according to Phil Klotzbach, lead author of the pioneering Colorado State University ...
Fallout from the Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. ...
Executives On The Move at Hiscox, Guy Carpenter, Assurant and More
Hiscox is bringing on a former Prudential executive in a key international role. Guy Carpenter hired on two new executives. Two former AIG executives are joining Ryan Specialty Group. Assurant turned ...
$100M Suit Resolution: Uber to Treat CA Drivers More Like Real Employees
Uber Technologies Inc. resolved the biggest threat to its business by settling with California drivers suing to be treated more like traditional employees, a move that could have broad-ranging ...
Texas Hailstorms Poised to Bring Insured Losses Above 9-Year Average: A.M. Best
Springtime hailstorms in the Dallas-Fort Worth region of Texas are adding up to some significant insured losses that could exceed the 9-year average, according to the latest A.M. Best briefing. Two ...
The Latest Launches from Everest Re, Starr Companies and Willis Towers Watson
Everest Re Group is getting into the credit and political risk coverage business. Starr Companies added new services to its cyber terror response insurance. Willis Towers Watson unveiled a ...