Commercial Lines
Reopening Offices Amid Pandemic Could Leave Companies Exposed—and Other Risk Alerts
Businesses thinking of reopening their office spaces will have to navigate new safety requirements and liability risks. Hurricanes are taking longer to weaken after landfall. Hackers are targeting ...
Travelers, State Farm, Nationwide Lead $60M Financing for HOVER, a 3D Claims InsurTech
Travelers, State Farm and Nationwide led a new $60 million venture capital financing for HOVER, an InsurTech with a 3D data platform for home improvement and property insurance professionals. ...
RLI Corp. CEO to Retire; Kliethermes Will Replace Him
Property/casualty specialty insurer RLI Corp. said current CEO Jonathan Michael is retiring at the end of 2021, and RLI Insurance President and Chief Operating Officer Craig Kliethermes will succeed ...
Executives On The Move at Arch Insurance and Lockton
Arch Insurance has a new executive in its Surety arm. Lockton added a bew vice president and Business Development consultant for the firm's Midwest Series. *** Arch Insurance hired Stephen Ruschak as ...
RSA Backs $9.6B Takeover Offer From Overseas Rivals
British insurance group RSA is backing a 7.2 billion pound ($9.55 billion) cash offer from Canada's Intact Financial and Denmark's Tryg in one of Europe's biggest financial takeover bids this year. ...
Introducing Skyward Specialty (Formerly Known as HIIG)
Houston International Insurance Group's new CEO Andrew Robinson has taking a big step: Changing the company's name. Going forward, HIIG is now Skyward Specialty Insurance Group, or Skyward Specialty ...
2020’s Most Powerful Atlantic Hurricane Strikes Central America
Hurricane Iota slammed into Central America late Monday with ferocious winds and rain, threatening to cripple a region already reeling from a deadly storm two weeks ago. Iota, the most powerful ...
Businesses Rank Cybersecurity as Top Worry in Risky Age: Marsh & McLennan CEO
Cybersecurity has emerged as the most pressing exposure for business confronting a new "age of risk," topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, ...