The Hanover Insurance Group recently released its State of Specialty Insurance Report, which highlights the risks of fragmentation in the marketplace. The report spotlights the advantages agencies realize when they create strategic partnerships with select carriers that offer broad capabilities …
Several abandoned buildings at the historic Los Angeles County Poor Farm were destroyed by fire, fire departments said. At least five agencies responded and the fire was contained in buildings on the vacant south campus of the county’s public rehabilitation …
This edition of International People Moves details appointments (and a retirement) at Beazley, Berkshire Hathaway Specialty Insurance (BHSI) and Oneglobal Broking. A summary of these announcements follows here. Beazley’s Eaton to Retire at End of 2022 Specialist insurer Beazley announced …
Most middle-market firms experienced a recovery following the height of disruptions caused by COVID-19 and remain mostly optimistic about the global economy, but business risks loom large. According to a survey of 1,000 executives by Chubb and the National Center …
Candidates for the office of Georgia insurance commissioner have offered differing solutions to faulty elevators and inspections, six months after an 18-year-old football player was killed when he was pinned in an elevator in an Atlanta apartment complex. State Rep. …
Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property catastrophe market by 2040, said Gallagher Re. In fact, if the cyber market continues to …
Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced this morning that The Travelers Companies will acquire its technology assets. Trōv did not disclose financial terms of the …
California Insurance Commissioner Ricardo Lara announced new regulations he believes will improve wildfire safety and drive down the cost of insurance for homeowners and businesses. The proposed regulations, which could be in effect by this summer, call for insurance companies …
German reinsurance group Munich Re on Wednesday forecast a 14% jump in profit this year as it reported a bounceback in 2021 from the coronavirus pandemic despite big claims from natural disasters. Marked by devastating hurricanes and cold snaps in …
The U.S. Supreme Court on Tuesday took up a major new legal fight pitting religious beliefs against LGBT rights, agreeing to hear an evangelical Christian web designer’s free speech claim that she cannot be forced under a Colorado anti-discrimination law …