U.S.
Most Commercial Lines Premiums Kept Up Steady Increase in May: IVANS
Renewal premiums for most standard commercial lines products continued rising in May, according to the latest IVANS Index. Commercial auto and umbrella were two exceptions, as they grew at a lower ...
Tax Law Snafu Could Ding Sexual Harassment, Other Claims
Republicans are considering a fix to a provision in their new tax law that they acknowledge could inadvertently penalize victims of sexual harassment in the workplace. But congressional gridlock ...
P/C Insurers, Reinsurers Face Earnings Volatility Due to New Accounting Requirement: Fitch Ratings
Many insurers and reinsurers are facing some earnings volatility in 2018 due to a change in accounting requirements for equity securities, Fitch Ratings said in new market commentary. According to ...
Swiss Re Promotes Ningen to Lead Swiss Re Canada
Monica Ningen has been appointed president and chief executive officer of Swiss Re Canada and English Caribbean. Ningen succeeds Veronica Scotti, who has been named chairperson for Global ...
Insurers Limit Cyber Coverage for Energy Companies, Leaving Taxpayers, Customers at Risk
Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for ...
GM Resolves Lawsuit Regarding Motorcyclist Struck by Self-Driving Auto
General Motors Co agreed to settle a lawsuit filed by a motorcyclist involved in a minor crash with one of its self-driving cars in San Francisco late last year, the U.S. automaker said on Friday. ...
Calif. Wildfire Relief Fund Reportedly Mulled to Address Liability Costs, Relief
California lawmakers are said to be considering a proposal to help utilities shoulder billions of dollars in potential liability costs while offering relief to wildfire victims by setting up a ...
CNA Formally Launches Shiny New HQ
CNA moved into a new state-of-the-art global headquarters, marking its official opening on June 1. The Chicago-based insurer's new space at 151 North Franklin Street in Chicago's Loop business ...