Boardroom Agenda
Liberty Mutual’s Safeco Appoints Asher as President; Will Focus on Innovation, Analytics
Liberty Mutual's Safeco Insurance appointed a new president,an insider who has focused on analytics and other innovations. Tyler Asher takes over Safeco after nearly 18 years with the insurer in ...
Brexit Chief Urges UK Lawmakers to Trust the People and Support Article 50
Brexit Secretary David Davis called on lawmakers to give the government permission to implement the will of the British people who voted for the U.K.'s formal departure from the European Union. Davis ...
Validus to Pay $127.5M for Archer Daniels Midland’s Crop Risk Biz
Validus Holdings Ltd. will buy up Archer Daniels Midland Company's Crop Risk Services business for $127.5 million in cash. Plans call for using cash on hand to fund the deal. Validus said it expects ...
Allstate Readies Black History Month Ad Campaign; Nationwide Renews NFL Sponsorship
Allstate Insurance said it is gearing up for its annual Black History Month advertising campaign, an annual digital, social and radio effort known as "Worth Telling." This year, Allstate plans to ...
QBE Denies Allianz Submitted Informal Bid to Buy It
Germany's Allianz has made an informal takeover approach to QBE Insurance, Australia's biggest insurer, but has not named a price, sources told Reuters on Monday. Shares in QBE closed flat after ...
Expect Broader and Cheaper D&O Policies in 2017: Marsh
Directors and officers liability policies are likely become broader and continue getting cheaper in 2017 – among the likely trends expected for the financial and professional liability insurance ...
Valen Analytics Sold to Much-Larger Insurity for Undisclosed Price
Valen Analytics has been acquired by Insurity, a Connecticut-based company that supplies software, data processing and analytics for property/casualty insurers. Neither side disclosed financial ...
W.R. Berkley Suspends London-Based Marine Underwriting
W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward. W/R/B Underwriting, the company's ...