Commercial

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in FiscalYear At the Chubb Limited (“Company”) Annual General Meeting of Shareholders (“annualgeneral meeting”) held on May 19, 2022the Company’s shareholders approved anamendment to Article 6(a) of the Articles of Association to authorize theCompany’s Board… Read More »CHUBB LTD FILES (8-K) Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

Usage-based insurance, built-in Google connectivity and fleet management solutions are some of the connected vehicle capabilities automakers have recently deployed or found that customers are taking up with subscriptions. Rivian Automotive reported May 11 during its most recent quarterly earnings call that the early owners… Read More »Automakers Expand Into Insurance, Fleet Mgmt

10. W.R. Berkley Corp. Direct premiums written in 2021: $1.09 billion Direct premiums earned in 2021: $978 million Market shares: 2.06% (Credit: W.R. Berkley) 9. Allstate Insurance Direct premiums written in 2021: $1.1 billion Direct premiums earned in 2021: $1.1 billion Market share: 2.15% (Credit:… Read More »NAIC top 25 commercial auto insurance companies of 2021

Medical cost inflation Paying for the medical costs associated with an injury to a third party is one of the core coverages provided by General Liability insurance. The US has a complex and expensive healthcare system that has seen an inflation rate far beyond the… Read More »7 factors influencing the future of general liability insurance

The news that TerraUSD, one of the largest algorithmic stablecoins with a market cap once above $18bn, broke its peg to the dollar has reverberated throughout financial markets. Although the variety of mechanics behind algorithmic stablecoins may be difficult to understand, and can vary from… Read More »How to insure against the risk of stablecoin runs

TALLAHASSEE — On the eve of hurricane season, Florida lawmakers are returning to the Capitol to try to stabilize a troubled property insurance market plagued by skyrocketing rates and a parade of companies dropping policies or going out of business. Gov. Ron DeSantis says “we’re… Read More »Florida homeowners likely to keep paying more for property insurance

Last week, information services firm Verisk said it had taken steps that align with one investor’s call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk promised several additional changes and publicly committed to a “pure-play” insurance path after the private… Read More »The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway

If you are shopping around for a certificate of deposit (CD), there are many options available to you. Hundreds of institutions offer CDs, from your tiny local credit union to huge multinational banks. The good news is that there is no essential difference between the… Read More »Credit Union vs. Commercial Bank CDs