Decisions on where and how to work are embodied in trillions of dollars of investment worldwide, including the siting of commercial and residential real estate as well as transportation systems and other infrastructure. Even a small shift in work patterns …
Democratic presidential candidate Joe Biden has received more funds from insurance industry political committees than President Donald Trump in this 2020 election cycle. Biden has received $5.5 million compared to Trump’s $4.6 million, according to an analysis from the Center …
Chubb’s net income grew by 9 percent in the 2020 third quarter, which CEO Evan Greenberg credited to rate hikes and improving underwriting conditions despite a tough environment shaped by the COVID-19 pandemic. The tough environment also included pre-tax catastrophe …
San Francisco, Calif.-based Woodruff Sawyer has named Mark McEvoy its property practice leader. McEvoy is based in San Francisco and will lead the practice nationally. McEvoy has more than 13 years of experience in both insurance and reinsurance. Prior to …
Eastern European criminals are targeting dozens of U.S. hospitals with ransomware and federal officials on Wednesday urged healthcare facilities to beef up preparations rapidly in case they are next. The FBI is investigating the recent attacks, which include incidents in …
After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from non-catastrophe water losses and rising reinsurance rates …
QBE North America has hired Bobby Steinsdoerfer as senior vice president, regional underwriting leader – central region. Steinsdoerfer joins QBE from AIG’s Blackboard Insurance Co., bringing 12 years of underwriting and strategic leadership experience in commercial and specialty insurance. Prior …
Mining applicants would have to pay more for permits and licenses, supply more detailed plans to state regulators, and work around a new list of areas deemed off-limits under regulations the Wisconsin Department of Natural Resources is developing. The DNR …
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, and Kennedys Law LLP, have collaborated on services for AXIS’ new marine cyber insurance product. This product offers coverage for the marine shipping market to protect against cyber …
Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider backing from asset managers and others to be fully effective, a global regulatory body said on Thursday. Climate change can …