Content from Mark Hollmer
The New ‘Jake From State Farm’
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2020 The new campaign starts with the original advertisement, where a middle-aged, mildly overweight ...
AIG President Zaffino: COVID-19 Creating ‘Flight to Quality’
AIG President and Chief Operating Officer Peter Zaffino said that the insurer has seen accelerated rate improvements and other gains as clients react to the ongoing COVID-19 pandemic. "We believe ...
Chubb CEO Greenberg Laments U.S. Govt. Covid-19 Setbacks, Promotes Diversity Initiatives
Chubb's employees have begun to return to their offices in many countries around the world as governments have brought the coronavirus pandemic under control. That's been a problem in the United ...
Chubb Loses $331M in Q2, Slammed by COVID-19 Costs
Over just two quarters, the coronavirus pandemic has forced Chubb's net income to plunge, and now, swing to a sizable loss. Chubb lost $331 million, or $0.73 per share during the 2020 second quarter, ...
Travelers CEO: Retroactive Attempts to Force Virus BI Cover Appear Less Likely
Earlier in the coronavirus pandemic, insurers became increasingly troubled about legal and legislative efforts to make them retroactively include viruses in their business interruption coverage. ...
W.R. Berkley’s CEO: Workers Comp Rates Could Start Climbing in 2021
For W.R. Berkley Corp. and most other workers compensation carriers, rates have declined for some time. That trend could start reversing itself starting in 2021, CEO W. Robert Berkley Jr. predicted ...
Rather Than Gamble, ITC Shifts From Vegas to the Digital World
A surge in COVID-19 cases is forcing InsureTech Connect – one of the world's largest insurance technology conferences – to go fully digital for its annual fall gathering. ITC has scheduled ITC ...
Lemonade’s Debut Day of Trading Sees 140 Percent Jump in Stock Price
Lemonade soared on July 2 as its stock price climbing nearly 140 percent in the InsurTech's debut day as a public company. It's a significant achievement for the New York-based startup, which only ...