Underwriting & Pricing
P/C Insurance Execs Expect TRIA Renewal, But Split on Workers Comp Profits
While more than 90 percent of property/casualty insurance industry executives say they expect renewal of the Terrorism Risk Insurance Act, the jury is out on whether commercial lines profits will ...
Iglesias Succeeds Knight as President of Allied World North America
Allied World Assurance Company Holdings, AG has appointed Lou Iglesias as president for Allied World North America. Iglesias is currently president, U.S. Property & Casualty. He succeeds Gordon ...
Google’s Buy of Nest Labs Seen Improving Smart-Home Gizmo Connections
Google Inc. is jumping into digital home automation with its acquisition of Nest Labs Inc., shining a spotlight on an unproven market that has so far been filled with expensive devices that can't ...
U.S. P/C Insurers Face Challenge in 2014 Trying to Match 2013 Performance
The U.S. property/casualty insurance industry reported strong performance in 2013, but in 2014, the industry may find it difficult to match last year's results as insurers begin to face more ...
Verisk to Buy EagleView Technology Image Library for $650 Million
Verisk Analytics Inc., the supplier of data to insurers and banks, agreed to buy EagleView Technology Corp. for $650 million in cash, adding an image library that encompasses about 90 percent of U.S. ...
Shedding Light on ‘Dark Side’ of Internet of Things
The futuristic world of self-driving cars, eyeglasses that e-mail and trash cans that call for pickup is running into the old-fashioned pace of doing business in Washington. Companies from Google ...
Ridesharing Companies, ‘Uber’ Coverage Gap Worry Insurance Group
The tragedy of a young girl who was killed on New Year's Eve by a motorist on contract with a cellphone app-based ridesharing service has at least one insurance group speaking up even louder to drive ...
West Virginia Spill Triggers Calls for Stronger Chemical Regulation
A chemical spill that left 300,000 people in West Virginia unable to drink their water is reviving calls for more stringent regulation of thousands of chemical storage sites in the U.S., especially ...