National News

Swiss Re Corporate Solutions Names Link to Head E&S Casualty for North America

Swiss Re Corporate Solutions has named Diane Link as head of Excess and Surplus (E&S) Casualty for North America. Link will oversee North American E&S casualty business. Based in Chicago, Link succeeds Mike Kwan, who has decided to leave Swiss …

Regulators Try to Navigate Legal, Social, Safety Issues Raised by Autonomous Vehicles

In closed-door meetings last March, U.S. transportation regulators and others grappled with questions about whether police should have the power to disable self-driving cars and whether an automatic alert that a robo-taxi had been in a wreck could violate an …

Lawsuits Against Monsanto’s Roundup Cleared for Trial

Hundreds of lawsuits against Monsanto Co. by cancer survivors or families of those who died can proceed to trial, a federal judge ruled on Tuesday, finding there was sufficient evidence for a jury to hear the cases that blame the …

Cyber Business Interruption Risks Still Difficult to Figure

Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the growing area of non-physical threats? This question was raised among panelists at the 2018 PLUS Cyber Symposium, held …

Females More Likely Than Males to Engage in Distracted Driving

People who text while driving are six times more likely to be involved in a car crash while those who talk on a mobile device while driving increase their crash risk more than two times. Yet many drivers are still …

Teen Crash Risk Highest First 3 Months After Getting License

Teenage drivers are eight times more likely to be involved in a collision or near miss during the first three months after getting a driver’s license, compared to the previous three months on a learner’s permit, suggests a study led …

Marsh Names Accenture’s Richards as Global Head of Cyber Risk Consulting

Insurance broker Marsh has appointed Kevin Richards to the newly-created role of global head of Cyber Risk Consulting. Richards will be responsible for leading the strategic development and delivery of Marsh’s cyber risk consulting business worldwide, collaborating with its regional …

P/C Insurers Way Behind in Digital Customer Service: J.D. Power

Property/casualty insurers have a long way to go toward meeting customer expectations about their digital interactions. A new J.D. Power 2018 Insurance Digital Experience Study concludes that while a few insurers have excelled with digital customer service, such as GEICO …

How the U.S. Cyber Insurance Market Is Performing: Aon Report

The number of U.S. insurers providing cyber insurance continues to grow along with instances of cyber attacks. In 2017, 170 U.S. insurers reported writing cyber insurance, up from 140 in 2016 and 119 in 2015, according to Aon’s latest U.S. …

Ironshore Forms Onshore Middle Market Energy Equipment Facility

Ironshore Insurance Services LLC has formed an energy equipment facility offering property and inland marine insurance coverage for onshore middle market classes of business in the U.S. Ironshore’s Syndicated Risk Services (SRS) will underwrite the middle market sector risk on …

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