U.S.
With $3.6B in Global Cat Bond Issuance for Q1, Another Record Is Broken
Global catastrophe bond issuance broke a first-quarter record, come in at nearly $3.6 billion for Q1 2018 as the market expanded into new areas, Aon Securities said in its latest report. The $3.58 ...
The Latest Launches From Allianz and Liberty Mutual
Allianz Global Corporate & Specialty plans to start offering drone-safety products to insureds to help them manage drone-related risks, by way of a partnership with an Israeli company. Liberty ...
Tesla Autopilot Chief Departs After Two Years on the Job
Tesla Inc.'s Autopilot chief Jim Keller has left the company, the latest in a rash of executive departures at the electric-car maker led by Chief Executive Officer Elon Musk. Keller, who joined the ...
Passenger Claims Mental Injuries In Southwest Airlines Fatal Engine Explosion Lawsuit
A lawsuit against Southwest Airlines Co has been filed by a passenger who was flying on last week's flight 1380, in which an engine exploded and one person was killed. The lawsuit claims that since ...
Swiss Re Plans Standalone E&S Arm in North America
Swiss Re Corporate Solutions will debut a standalone excess and surplus (E&S) business unit in North America. This unit will include Swiss Re's traditional E&S property and E&S casualty ...
Carriers, Calif. Commissioner Battle Over Wildfire Bills
California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supporters say will protect survivors of wildfires that struck ...
U.S. Customers Not Widely Aware of InsurTechs Just Yet: J.D. Power
InsurTechs may be trying to transform how carriers, brokers and agents do business, but customers aren't widely aware of their existence just yet, J.D. Power has determined. J.D. Power's 2018 U.S. ...
Appeals Court Overturns Johnson & Johnson $151M Hip Implant Verdict
Johnson & Johnson on Wednesday secured a favorable U.S. appellate court ruling, overturning a verdict that had awarded $151 million to five people who blamed injuries they suffered on the ...