Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding
Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major ...
Content from Chad Hemenway
Q1 Net Income Up 21% at The Hartford but Personal Lines Unprofitable
The Hartford reported first-quarter 2023 net income of $535 million, nearly a 21 percent increase over $443 million a year ago.
In the ...
Catastrophe Losses Hinder Chubb Q1 Net Income
First-quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains in premiums written.
W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market "down the drain." The hurricane research team at Colorado State University in its early forecast of the 2023 Atlantic hurricane season is predicting slightly below-average activity. A federal judge on March 28 denied an appeal, largely made by insurers, to strike down the Boy Scouts of America's nearly $2.5 billion reorganization plan approved last ... Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture ... Silicon Valley Bank (SVB) on Monday was hit with what appears to be the first federal securities class-action lawsuit against it, carrying allegations that the bank made ... "Stabilization" and "moderation" continued to be the operative words for premium increases in the commercial property/casualty market, but many clients remain concerned ...
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’
CSU Research Team Forecasts Slightly Below Average 2023 Hurricane Season
Boy Scouts of America Bankruptcy Plan Upheld Despite Insurers’ Objections
Government’s SVB Intervention Saved Insurers From Significant D&O Claims
Silicon Valley Bank Parent SVB Financial Group Faces First Securities Class Action
Root Inc. Says CFO ‘Terminated for Cause’
About one year into his employment with Root Inc. and a week after he helped the company report fourth-quarter earnings, Chief Financial Officer Robert Bateman has been fired for violating company ...
Commercial Insurance Price Increases Stay Level, But Clients Still Worried: CIAB