Rating Agency Warns P/C Insurers on Taking On Too Much Cyber Risk March 21, 2016 By Andrew G. Simpson If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a...
Ironshore Environmental Expands Spill Coverage to Real Estate Segment March 21, 2016 Ironshore Environmental is expanding its industry SPILLS program to the real estate sector, offering blanket coverage for all owned and...
Supreme Court Lets NFL Players’ Image Rights Claims Proceed March 21, 2016 By Lawrence Hurley The U.S. Supreme Court on Monday rejected Electronic Arts Inc.’s bid to revive its free speech defense in a lawsuit...
Ridesharing Firm Could Bypass Drivers by Building Own Autonomous Fleet March 21, 2016 By Edward Taylor and Harro Ten Wolde Ride-hailing service Uber has sounded out car companies about placing a large order for self-driving cars, an auto industry source...
Why Ridesharing Won’t Hurt Car Sales March 21, 2016 Car sharing usage will significantly increase, particularly in urban areas among young residents, however most consumers will still opt to...
New Chubb’s O’Brien Traverses High Wire of Integrating High Net Worth Businesses March 21, 2016 By Andrew G. Simpson Its acquisition of Fireman’s Fund’s business in April, 2015 provided ACE Ltd. with an idea of what’s involved in integrating...
Allstate’s Pickford Named InVEST Director, Replacing Retiring Mattis March 18, 2016 Deborah M. Pickford has joined InVEST, the insurance industry’s classroom-to-career education program that is in more than 600 colleges and...
Insurance Rates for Architects, Engineers Not Going Anywhere March 18, 2016 After three straight years of moderate increases, insurance premiums for architects and engineers professional liability leveled off in 2015. A...
Vehicles ‘Increasingly Vulnerable’ to Hacking, Warns FBI March 18, 2016 By David Shepardson The FBI and U.S. National Highway Traffic Safety Administration (NHTSA) issued a bulletin Thursday warning that motor vehicles are “increasingly...
EnPro Agrees to $480 Million Settlement of Garlock Asbestos Claims March 18, 2016 EnPro Industries Inc. said it has agreed to a $480 million settlement to resolve current and future personal injury claims...