Home / HOME INSURANCE

HOME INSURANCE

Beazley to grow specialty lines as rating vigour continues

Andrew Horton, CEO Beazley (Reuters) – Lloyd’s of London insurer Beazley P.L.C. will concentration on flourishing a specialty word business as other lines of business face downward pricing pressure, a firm’s arch executive pronounced on Friday. Fierce foe has resulted in word rates possibly stagnating or descending over a past …

Read More »

Rats! Chipotle woes continue

New characters were introduced this week in Chipotle Mexican Grill Inc.’s tale of food safety. Rats fell from a roof during a Dallas location, according to media reports.  Dallas diners forsaken their burritos during lunch on Tuesday and picked adult their cellphone cameras to record rodents scurrying around a building …

Read More »

Wells Fargo systematic to return worker in whistleblower case

SHUTTERSTOCK.COM Wells Fargo Co. was systematic to return a former bend manager who was dismissed after she reported potentially fake control by private bankers she supervised. The U.S. Department of Labor systematic a employee, who worked in Wells Fargo’s Pomona, California, branch, backed with behind wages, indemnification and other fees …

Read More »

Travelers’ distinction falls on disaster losses

Travelers Cos. Inc. reported reduce second-quarter distinction Thursday as higher-than-average disaster waste strike a insurer’s results. Travelers reported 2017 second-quarter net income of $595 million, a 10% diminution from a same duration final year. Net created reward grew 5% to $7.18 billion. Travelers’ total ratio run-down to 96.7% in a …

Read More »

Office confidence drudge drowns in fountain

A 300-pound drudge used to unit an bureau building in Washington, D.C., tumbled into a H2O fountain Monday. The K5 machine, grown by a Silicon Valley startup Knightscope, was put to work during a Washington Harbour formidable in a Georgetown territory of a city when it tumbled down several petrify …

Read More »

Insurtech appropriation soars in second quarter

Insurtech appropriation surged to $985 million in a second entertain of 2017, a 248% boost over a initial entertain that was fueled by a record series of exchange and large investments in startups, Willis Towers Watson P.L.C. pronounced Thursday. The 64 exchange available in a second entertain scarcely doubled a …

Read More »

XL Catlin launches cyber risk policy

XL Group Ltd. on Thursday pronounced it is introducing a new process form that offers extended coverage for information insurance and remoteness risks following a record or cyber event. CyberRiskConnect offers adult to $15 million in limits, and coverage is accessible on a primary or additional basis, according to a …

Read More »