U.S.
Small Commercial Market Outpaces Personal Lines Growth For U.S. Mutual Insurers
For U.S. property/casualty mutual insurers, growth in the small commercial market is outpacing personal lines growth, a trend driven by carriers' desire to remain competitive, A.M. Best said in a new ...
Firms Race to Gather Data Proving Drone Deliveries Are Safe
United Parcel Service Inc's launch this week of drone test flights simulating emergency medical-supply deliveries highlights a race for data to prove such deliveries can be performed safely. UPS's ...
Former AIG Exec Farber Joins The Hanover as New CFO
A former AIG executive will join The Hanover Insurance Group as its new chief financial officer, filling a position made vacant nearly a year ago by the death of a long-time executive. Jeffrey Farber ...
UPS Tests Drones to Deliver Urgent Medical Deliveries
United Parcel Service Inc said it began testing the use of drones for emergency deliveries of medical supplies this week with a flight in rural Massachusetts, which the company hopes will eventually ...
Yahoo Reports Cyber Attack Breached at Least 500 Million Accounts
Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing a wide swath of its roughly 1 billion users ahead of Verizon ...
Consolidation Vaults Tokio Marine to List of Top U.S. Surplus Lines Groups: A.M. Best
The 2015 roundup of the top U.S. domestic surplus lines carriers is more of the same, blended with a key element - consolidation - that could portend greater changes in the roster to come. A.M. ...
Munich Re, Swiss Re Part of FEMA’s New $1M Reinsurance Launch for NFIP Risks
The Federal Emergency Management Agency is turning to the likes of Swiss Re and Munich Re for its first reinsurance program to help manage catastrophic costs from its debt-ridden National Flood ...
Three Google Self-Driving Vehicles Involved in Arizona Crashes
Google says three of its self-driving vehicles were involved in crashes in the Phoenix, Ariz. metro area in August. The California-based company says its drivers were manually controlling the ...