U.S.
Ironshore’s IronPro Introduces Two-Term Policy Endorsement for Small Businesses
IronPro, the professional liability unit of Ironshore, has introduced a two-term policy endorsement for its miscellaneous professional liability (MPL) product for small business accounts. The MPL ...
California Wildfire Risks Rise as Heat Climbs and Power Surges Proliferate
An unrelenting heat already frying California is threatening to send temperatures to record levels across the western U.S. this week, raising the risk of wildfires and propelling electricity prices ...
Two Execs at Lloyd’s Insurer TMK Booted After Sexual Harassment Allegations
Two executives at a top Lloyd's of London insurance company have resigned following allegations of sexual harassment. One was accused of groping colleagues at a booze-fueled party, the other of ...
BHSI Continue’s European Expansion With New Paris Office Staffed by AXA XL Vet
Berkshire Hathaway Specialty Insurance is continuing its European expansion with a new office in France. BHSI is underwriting property, casualty, and executive & professional lines in France. The ...
American Financial’s National Interstate Will Underwrite Atlas Financial’s Paratransit Book
American Financial Group said that its commercial transportation specialist, National Interstate, will become the exclusive underwriter of Atlas Financial Holdings' paratransit book of business. The ...
U.S. Commercial Prices Rose Just Above 2 Percent in Q1: Willis Towers Watson
Carriers reported that U.S. commercial insurance prices grew just above 2 percent on average during the 2019 first quarter, according to Willis Towers Watson's latest CLIPS survey. Willis Towers ...
Three Business Cases Added to SCOTUS Roster That Would Curb Lawsuits
The U.S. Supreme Court bolstered its next term with three new business cases, agreeing to consider curbing lawsuits over environmental cleanups, employee retirement plans and allegations of racial ...
California May Expand Practice of Cutting Electricity to Reduce Wildfire Risks
Utility PG&E Corp proactively shut off power on Saturday to around 1,600 customers in northern California and said it might expand the shutdown to tens of thousands more due to an increased risk ...