A Wary Drone Industry Awaits Details of Registry October 22, 2015 By Alan Levin Some drone industry representatives are reacting cautiously to plans by the Obama administration to combat a growing safety threat by...
Ace’s Greenberg Says Chubb Integration Will Take Years October 22, 2015 By Christie Boyden and Claire Boston Ace Ltd. Chief Executive Officer Evan Greenberg said it would be a mistake to start celebrating his agreement to buy...
BHSI Adds New Leadership, Expands Executive, Professional Lines Offerings October 21, 2015 Berkshire Hathaway Specialty Insurance (BHSI) has added new leadership to its Executive & Professional Lines as part of the company’s...
P/C Insurers Posted $31B Profit for 2015 1st Half, Highest 1st-Half Income Since ’07 October 21, 2015 Private U.S. property/casualty insurers’ net income after taxes grew to $31.0 billion in the first half of 2015 from $26.0...
K&K to Partner with Producers to Provide New Program Business Markets October 21, 2015 K&K Insurance Group, Inc., a subsidiary of Aon plc, is now accepting property and casualty program business from producers. K&K...
Obama Administration Names Task Force to Create Drone Registry October 21, 2015 By David Morgan The Obama administration said on Monday that it would require drone owners to register their unmanned aircraft as part of...
Senate Takes Up Cyber Liability Bill October 21, 2015 By Patricia Zengerle The U.S. Senate on Tuesday began debating a long-delayed bill that would make it easier for corporations to share information...
Sony Settles Employees’ Suit Over ‘The Interview’ Data Breach for $8 Million October 21, 2015 By Nate Raymond Sony Pictures Entertainment Inc. has agreed to pay up to $8 million to resolve a lawsuit by employees who claimed...
Travelers Insurance Sales, Underwriting Improve in Q3 October 20, 2015 By Sonali Basak Travelers Cos., the lone property/casualty insurer in the Dow Jones Industrial Average, said third-quarter profit advanced 1 percent as sales...
Climate Change Adds Billions to U.S. Hurricane Losses: Study October 20, 2015 By Alex Nussbaum Climate change has added billions to the toll of hurricane strikes on the U.S., according to a study that challenges...