News
You Should Have Known I Was Unfit, JetBlue Pilot Alleges in Lawsuit
A former JetBlue Airways Corp pilot whose midair meltdown forced an emergency landing of a 2012 flight on Friday sued the carrier for $14.9 million, saying it should have grounded him because it knew ...
Changing Behavior of American Drivers and the Impact on Auto Insurance
Americans just love driving. They clocked 35,795,000,000,000 miles in 2014 and have far outstripped every other nation in driving mileage. Insurance companies historically have placed a great weight ...
Holes in the Market; Casualty Survey Finds Coverage Gaps to be Filled
While nearly 70 percent of risk managers surveyed are "very satisfied" with their casualty insurance programs, more than one-fifth report some gaps in coverage that they are unable to fill, a recent ...
AIR Worldwide and FirstBest Collaborate on Integrated Underwriting Product for Commercial Insurers
AIR Worldwide and FirstBest Systems, provider of insurance software solutions for U.S. and global insurance carriers, have announced a collaboration that will integrate AIR's catastrophe modeling ...
Zurich Canada Rolls Out Sophisticated Drone Coverage For Corporate Clients
Zurich's Canadian arm unveiled a new drone insurance package designed for corporate clients. It's designed to appeal to multiple industries that do business in the country and address coverage gaps ...
Sizing Up the Casualty Insurance Market: Top Five Writers and Pricing Trends
While there are signs that general liability insurance prices started falling off for the largest accounts late last year, strong pricing over the past few years has fueled growth for casualty ...
Reinsurers Rush to Alter Strategy as Rates Fall: Willis Re
Reinsurers are rushing to implement major changes to their strategies and altering business models as rates continue to decline, broker Willis Re said. Reinsurance catastrophe prices for property in ...
Executives On The Move at AIG, Willis, QBE and More
AIG, Willis, QBE and Westfield Insurance all recently made some executive promotions and appointments. *** American International Group appointed veteran Mercer executive Gaurav Garg as CEO, Personal ...