Underwriting
Executives On The Move at Ironshore and RMS
Ironshore promoted from within for the new head of its healthcare professional liability unit. Catastrophe modeler RMS appointed a veteran from the software industry to run its own software/platform ...
XL Group Execs Depart, Jobs Shift in Anticipation of AXA Acquisition
AXA SA's planned $15.3 billion cash acquisition of XL Group has spurred management change and departures at the soon-to-be-acquired company as integration plans progress. Announced in March, the ...
J&J Denies Baby Powder Asbestos Claims as Latest Lawsuit Reaches Trial
A trial for a lawsuit alleging that Johnson & Johnson Baby Powder was responsible for the death of a woman due to her exposure to cancer-causing asbestos began in South Carolina on Monday in the ...
EU to UK: Time Running Out to Seal Prompt, Stable Brexit Deal
The European Union on Monday warned Britain time was running out to seal a Brexit deal this autumn and ensure London does not crash out of the bloc next March, adding to pressure on Prime Minister ...
Artificial Intelligence Takes On Policy Form Development
Artificial intelligence (AI), which has made its mark in insurance in efforts to automate underwriting, rating, and claims adjusting, is now being deployed to read, categorize, and even modify the ...
NRA Alleges NY Pursued ‘Blacklisting Campaign’ to Chase Away Affiliated Insurers, Banks
The National Rifle Association on Friday sued New York Governor Andrew Cuomo and the state's financial regulator for engaging in what it said was a "blacklisting campaign" aimed at swaying banks and ...
Chubb Boosts Broker Interactions in UK and Ireland
Chubb said it has completed the creation of six teams to focus on working with independent brokers across the UK and Ireland. The new Chubb teams are in London, Leeds, Manchester, Birmingham, Glasgow ...
RBS Agrees to Settle U.S. Mortgage Bond Investigation With $4.9B Deal
Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of ...