Commercial Lines

News from Chubb, Amerisure, CIGA and more.

Unmanned aircraft purchases are growing both for hobbyists and for commercial ventures that perform inspections, assist farmers, and survey construction sites.

Insurer sees 27% increase in standalone Cyber insurance purchases among its U.S. clients.

Zoox Inc., a relatively unknown startup with the goal of building fully autonomous vehicles, was granted permission by California to test self-driving cars on public roads in the state.

Lloyds of London reported a 30% drop of full-year profit as the worlds largest insurance market was hurt by continued pressure on pricing and the lowest investment returns since at least 2001.

The other three semi-finals for insurance-innovation startups will be held in New York City, London and Des Moines, Iowa.