U.S.
The Flat Streak Continues for U.S. Commercial Insurance Prices
U.S. commercial insurance prices continued their flat streak in the 2016 fourth quarter, climbing less than 1 percent, according to Willis Towers Watson's latest Commercial Lines Insurance Pricing ...
Hiscox USA Introduces Small Business Workers Comp Policy in California
Specialty insurer Hiscox USA has launched a new workers compensation insurance program for small businesses in California. The policy covers medical benefits and wages should an employee suffer an ...
Takata Sued by Nissan, Ford, BMW Over Faulty Airbag Losses
Nissan Motor Co., BMW of North America and Ford Motor Co. accused Takata Corp. of fraud in a lawsuit seeking to force the airbag manufacturer to cover losses they incur because of its faulty ...
Executives On The Move at XL Catlin and W.R. Berkley Corp.
XL Catlin promoted an executive who will lead its Global Risk Management division in the insurer's North Central region. W.R. Berkley's board nominated a new director to stand for election at the ...
Hartford CEO Swift Re-Elected Chairman of AIA
Christopher J. Swift, chairman and CEO of The Hartford, has been re-elected as chairman of the board of directors of the American Insurance Association (AIA). Swift joined The Hartford in March 2010 ...
The Latest Launches From Starr Companies, Willis Towers Watson, Allied World and More
Starr Companies launched new coverage designed for general contractors and related businesses who use drones as part of their operations. Willis Towers Watson released a new version of its pricing ...
AIG CEO Peter Hancock to Depart After Four Losses in Six Quarters
American International Group Inc. Chief Executive Officer Peter Hancock is stepping down after posting four losses in six quarters—results that hurt investors including activists Carl Icahn and ...
Fiat Chrysler Pushes for Resolution of State/Federal Diesel Emissions Case
Fiat Chrysler Automobiles NV is still trying to win U.S. approval to sell 2017 diesel models as the U.S. government decides whether to take legal action, Chief Executive Sergio Marchionne said on ...