P/C Insurance Execs Foresee Commercial Lines Growth, Led by Cyber, Outpacing Personal Lines January 25, 2017 Leaders of the property/casualty insurance industry expect to see a considerable increase in the commercial lines of insurance for 2017,...
Report: Trump Administration Orders Removal of Climate Page from EPA’s Website January 25, 2017 By Valerie Volcovici U.S. President Donald Trump’s administration has instructed the Environmental Protection Agency to remove the climate change page from its website,...
Zurich North America Names Leaders of Realigned Commercial Divisions January 25, 2017 Zurich North America has announced the name of its new North America Commercial Insurance unit and leadership team. This new...
AIG Reinsurance Deal May Spell Short-Term Loss, Long-Term Gain for Berkshire January 25, 2017 By Lisa Du and Sonali Basak Berkshire Hathaway Inc.’s record risk-transfer agreement with American International Group Inc. is so big that Warren Buffett’s company risks posting...
P/C Insurers Fell to $1.7 Billion Underwriting Loss in First 9 Months of 2016 January 25, 2017 For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015,...
Aon Develops Captive Program for Cyber Risk Transfer January 24, 2017 Aon Global Risk Consulting, the risk consulting business of Aon plc, has launched its Cyber Captive Program, which guides companies...
U.S. Reports Auto Insurance Unaffordable for Millions; Insurers Call Report ‘Ill-Conceived and Unnecessary’ January 24, 2017 By Suzanne Barlyn Nearly 19 million Americans live in areas where auto insurance is unaffordable including a large number in the New York...
Private Equity Returns Boost Travelers Q4 Profit January 24, 2017 By Lisa Du and Sonali Basak Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit jumped 8.9 percent as investment...
Group Offers Insurance for Freelance Journalists Assigned Anywhere, Including in War Zones January 24, 2017 The International Federation of Journalists (IFJ) has joined forces with insurance company Isle of Man Assurance Limited to offer insurance...
Why Are Large-Scale Tornado Outbreaks Increasing in U.S.? January 24, 2017 By Andrew G. Simpson The frequency of large-scale tornado outbreaks is increasing in the United States, particularly when it comes to the most extreme...