News
QBE North America to Offer Equipment Breakdown Enhancement
QBE North America is enhancing its equipment breakdown coverage with the first equipment breakdown and technology insurance to cover losses resulting from microelectronic failures. Most equipment ...
Auto Insurance Premiums Could Collapse as Driverless Cars Take Hold
The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in ...
Warren Buffett’s ‘Woodstock for Capitalists’ Will Debut Online Video Streaming
For years, most Berkshire Hathaway Inc. shareholders had to fly to Omaha, Nebraska, pay jacked-up hotel rates and line up early on a Saturday to hear Warren Buffett at the company's annual meetings. ...
AIG, Hamilton, Two Sigma Target Small Commercial Enterprise Market with New Joint Venture
American International Group, Inc., Hamilton Insurance Group, Ltd., and affiliates of Two Sigma Investments, LP plan to jointly develop and launch a technology-enabled, customer-centric insurance ...
CEO Candidates Increasingly Face Simulation Test Before Getting the Job
What if you could use a simulation to test a potential CEO's capacity to do the job? It is an idea that is catching on, according to an April 22 article published in the Harvard Business Review. In ...
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 ...