How Technology Is Revolutionizing Insurance Distribution: Swiss Re May 15, 2014 Technology is changing the way insurers and consumers interact and giving insurers access to considerable data so they can better...
Dogs Take Big Bite Out of Liability Insurance May 15, 2014 Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2013, costing more...
Wal-Mart Settles Claims Over Listeria Deaths Linked to Cantaloupes May 15, 2014 By Keith Coffman Wal-Mart has settled lawsuits with the families of 23 people who died from a 2011 listeria outbreak traced to cantaloupe...
Insurers Pull Back on Trade Credit Coverage for Sears Suppliers May 15, 2014 By Lauren Coleman-Lochner Insurance companies that provide protection to Sears Holdings Corp. suppliers have scaled back policies in recent months, people with knowledge...
AIG Completes $7.6 Billion ILFC Sale to AerCap May 15, 2014 By Julie Johnsson and Zachary Tracer AerCap Holdings NV completed its $7.6 billion purchase of International Lease Finance Corp., creating the largest independent jet-leasing firm and...
ACE Expands Digital Technology Offering to Address Product Recall Risks May 15, 2014 ACE Group has launched a new endorsement to help protect technology companies from exposures resulting from products that are sold...
Scottsdale, Virtue Risk Partners to Offer Commercial Package Product May 14, 2014 Scottsdale Insurance Co. has partnered with Virtue Risk Partners, LLC to offer a commercial package product. Virtue Risk Partners will...
‘Degassing’ North Dakota Crude Oil Before Shipping Among Safety Ideas May 14, 2014 After a spate of fiery derailments, the scramble to make North Dakota’s Bakken crude oil safer when it’s being transported...
AIG Could Gain Extra $2 Billion in Sale of Plane Leasing Unit May 14, 2014 By Zachary Tracer and Julie Johnsson American International Group Inc. stands to get an extra $2 billion from the cash-and-stock sale of its plane-leasing unit after...
Ex-Executive’s Lawsuit Alleges AIG Defrauded U.S. in Bailout May 14, 2014 By Bob Van Voris American International Group Inc. defrauded the U.S. by failing to disclose it was selling insurance without a license during negotiations...