International
The Latest Launches From CNA and Philadelphia Insurance Companies
CNA streamlined a process it uses for agents to get quicker workers compensation quotes through a proprietary portal. Philadelphia Insurance Companies launched a new Pool and Spa Contractors Program ...
Insurer Hedge Fund Investments Drop a Second Year; AIG a Big Driver of Trend
Insurers continue to reduce their investment in hedge funds in a big way, according to a new A.M. Best report. American International was one of the biggest drivers of the downward trend, with its ...
UK Motor Insurers Will Mutualize Claims for Terror Attacks Using Vehicles as Weapons
UK motor insurers have voted for the Motor Insurers Bureau (MIB) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. MIB is the UK's ...
Crypto Cover Is Drawing Increasing Insurance Industry Interest
In the staid and buttoned-up world of insurance underwriting, few want to talk about it. You won't find many ads promoting it or details on company websites offering it. But according to industry ...
UK Official Warns EU Risks Forcing Chaotic Brexit Without a Deal
British Foreign Secretary Jeremy Hunt said the U.K. will not "blink" in Brexit negotiations, as he warned the European Union it risks forcing the country to crash out of the bloc with no deal. On his ...
May Pushes Her Brexit Plan as Practical and Workable
British Prime Minister Theresa May's speech on Friday about Brexit had two audiences who weren't in the room: the European Union, whom she urged to engage with her proposals, and her own party. "Our ...
New York City Climate Lawsuit Against Major Oil Companies Dismissed by U.S. Judge
A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold major oil companies liable for climate change caused by carbon emissions from burning fossil fuels. In dismissing the ...
Travelers’ Q2 Dinged by Higher Cat Losses; Net Written Premiums Soar
The Travelers Companies, Inc. saw its net income dip and its combined ratio rise during the 2018 second quarter, due largely to a spike in catastrophe losses. Net income for the quarter came in at ...