E&S/Specialty

AIG had 'severe losses' of $293 million in Q2, which it said was 'more than double the long-term average.'

Eighty-three percent of respondents use drones on their farms either daily or once a week or more.

The new expiration date is after the midterm elections, which may have an effect on reaching any long-term agreement on reforms.

David H. McElroy will join the company as CEO of Lexington Insurance Company at a date to be determined.

The CEO has been under scrutiny since he surprised investors by announcing a $15.3 billion takeover of XL Group in March.

The ruling will likely impact how cyber insurance policies are crafted in the future.