Chinese insurers rush to site of capsized ship

(Reuters) — PICC Property & Casualty Co. Ltd. Read more »

CNA names commercial lines president

CNA Financial Corp. has tapped former Chubb Corp. executive Kevin Leidwinger as president and chief operating officer of its commercial segment, effective June 22. Read more »

Cyber business interruption tool calculates foreseeable losses

Beecher Carlson Insurance Services L.L.C., a unit of Brown & Brown Inc., has launched CyberSelect BI Vision, a cyber business interruption calculator for companies with networks across multiple divisions and locations. Read more »

Hartford calls for the relief pitchers

Looking to get back in the marketing game after a few years on the bench, Hartford Financial Services Group Inc. announced a multiyear agreement that will make the company an official sponsor... Read more »

Google demands movie studios comply with subpoenas

(Reuters) — Google Inc. has asked a federal judge to require three major movie studios to comply with subpoenas it believes may help show they conspired with Mississippi Attorney General Jim Hood... Read more »

Insurer not liable for nonleaking crude under pollution policy

An insurer is not obligated to provide coverage under a pollution policy if barrels containing oil are submerged in water but no oil leaks out, says an appeals court in a divided... Read more »

HSBC must face lawsuits over $34 billion mortgage debt losses

(Reuters) — HSBC Holdings P.L.C. was ordered to face three U.S. lawsuits accusing it of breaching its duties as a trustee overseeing residential mortgage-backed securities that suffered more than $34 billion of... Read more »

KFC China sues three companies amid eight-legged chicken rumors

(Reuters) — Yum Brands Inc.' Read more »

Tobacco firms to appeal $12 billion award to Canadian smokers

(Reuters) — Three tobacco companies said on Monday they would appeal a Canadian court ruling that awarded more than CA$15 billion ($12.05 billion) in damages to Quebec smokers in two related class... Read more »

Catastrophe bond to cover Massachusetts storm perils

GC Securities, a unit of Guy Carpenter & Co. L.L.C., on Tuesday said it has placed a catastrophe bond to cover multiple natural perils in Massachusetts for just over three years. Read more »