News
State Farm Among Companies Ending Donations to Controversial Congressman
Add the nation's largest property-casualty insurer to the growing list of financial companies that won't be donating to U.S. Representative Scott Garrett in the wake of his alleged anti-gay remarks. ...
The Latest Launches From Markel, Brit and Ironshore
Markel unveiled a revamped management liability policy for private companies. Brit Ltd. launched a Lloyd's consortium for commercial general aviation. Ironshore Environmental will expand its industry ...
Chubb Forms North America Small Commercial Insurance Arm
Chubb has launched its North America Small Commercial Insurance division, a targeted effort to reach a market segment where industry observers see big growth potential. Today's Chubb is the product ...
Five Actions Auto Insurers Should Take to Thrive in the Autonomous Tech Boom
We are in the golden age of autonomous technology, with new car models rolling off the assembly line daily with state-of-the-art crash avoidance features. Innovations such as parallel-park assist, ...
Iranian Hacking of U.S. Targets Was Widespread: Federal Prosecutors
Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam north of New York City in forays meant to undermine U.S. markets ...
Insurers/Reinsurers Fail to Adequately Cover Global Terrorist Threats: JLT
The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of their clients, according to a report published by JLT Re and JLT Specialty ...
ACP Re’s Late Financials Lead to A.M. Best Review with Negative Implications
ACP Re Ltd., a Bermuda reinsurance company with multiple property/casualty subsidiaries, is finding its A.M. Best ratings under review with negative implications. A.M. Best said the "under review ...
Belgium Attacks Will Have Little Impact on Insurance Industry: AIR Worldwide
The March 22 terrorist attacks in Brussels, Belgium killed 33 people and wounded 260, shutting down all flights into and out of Zaventem Airport and prompting the metro system to discontinue service. ...