Surplus Lines Posts Record-Breaking Year for 2014 September 4, 2015 By Andrea Wells The surplus lines industry broke records in 2014, growing direct premium written (DPW) in 2014 to $40.2 billion — the...
Millennials Prefer Usage-Based Insurance: Survey September 3, 2015 More drivers aged 18 to 34, or millennials, are interested in usage-based auto insurance policies than are drivers in all...
XL Catlin Realigns U.S. Excess/Surplus Team, Names 3 Regional VPs September 3, 2015 XL Catlin’s Excess & Surplus (E&S) Casualty business has unveiled a new geographically-focused structure and named three new regional leaders....
Schul Joins Analytics Firm RiskMatch September 3, 2015 Patrick Schul has joined RiskMatch, a Greenwich, Connecticut-based analytics firm for underwriters and brokers, as chief sales and marketing officer....
Sony Pictures Agrees to Settle with Former Employees Over Hacked Data September 3, 2015 Sony Pictures Entertainment Inc. has reached a settlement agreement with nine former employees who had filed a lawsuit claiming that...
AIG Launches Insurance for Couture, Designer Wardrobe Collections September 3, 2015 AIG Private Client Group, a division of American International Group, Inc. that serves high net worth policyholders, has introduced wearable...
Fox News Anchor Sues Hasbro Over Toy Hamster September 3, 2015 An anchor for Fox News Channel has sued Hasbro Inc. for more than $5 million over the company’s sale of...
Why Millennials’ Credit Scores Are So Low September 3, 2015 By Bobbi Rebell Millennials get plenty of recognition for frugality and their desire to share everything from cars to clothes, but they also...
Women Truckers Outperform Men; More Recruited to Ease Labor Shortage September 3, 2015 By Thomas Black Female truckers are sliding into long-haul cabs as companies seek to end a U.S. driver shortage, and they’re proving to...
Blackstone Acquires Major Interest in Mortgage Insurer PMI September 3, 2015 Blackstone Group LP acquired a “significant equity stake” in mortgage insurer PMI Group Inc. Blackstone, the New York-based private-equity firm,...