Content from Chad Hemenway
Another Title Insurer Hacked: Fidelity National Says 1.3M Affected
Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyber attack it suffered last November. According to a filing with the U.S. Securities and ...
Allianz D&O Outlook: ESG Claims ‘Here to Stay’ and AI Rapping at the Door
While everyone may be talking about potential risks associated with generative artificial intelligence, a new directors & officers report from Allianz highlights a range of current concerns ...
U.S. Personal Lines Outlook Continues to Be Negative: AM Best
The U.S. personal lines insurance industry faces too many daunting challenges, leading AM Best to maintain its negative outlook. The outlook for personal lines was changed to negative in September ...
Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer
Brinson Caleb "BC" Silver, former chief marketing officer for InsurTech Root, has pleaded guilty to stealing more than $10 million from his former employer and violating court orders. According to ...
Q3 2023 Signals Six Years of Premium Increases for Commercial Lines: CIAB
Overall commercial property/casualty premiums increased slightly more than 8 percent on average in the third quarter, marking six full years of steady increases. According to The Council of Insurance ...
AIG Continues to Take Cautious Approach to Excess D&O in North America
Though American International Group (AIG) saw a turnaround in underwriting income in the third quarter, driven largely by business in North America, the company's chief executive said financial lines ...
Allstate Shows ‘Progress,’ Narrows Q3 Net Income Loss to $41M
Allstate Corp. said its net loss for the third quarter was $41 million compared to a loss of $685 million during the same time a year ago. The Northbrook, Ill.-based insurer recorded an improvement ...