Commercial Lines
CNA Brings on Ex-Endurance Exec Worman as Chief Underwriting Officer
CNA has chosen a former Endurance executive to fill the newly-created position of executive vice president and chief underwriting officer. Douglas Worman will take on his new duties on March 7. He'll ...
Anthem Wins Temporary Order to Stop Cigna From Terminating Merger
Anthem Inc on Wednesday won a temporary restraining order that blocks smaller rival Cigna Corp from officially terminating their proposed $54 billion merger, a transaction already rejected by U.S. ...
UK Reportedly Set to Unleash Brexit Trigger Within Three Weeks
Prime Minister Theresa May intends to trigger Britain's withdrawal from the European Union as close as possible to the EU summit taking place on March 9 and March 10, according to two government ...
Solvency II Is Boosting Reinsurance Demand, 1/1 Renewals Show
The January renewals period show that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen their capital position through risk transfers, Fitch Ratings ...
Verisk Analytics, Capgemini Make Insurance Industry-Focused Acquisitions
Verisk Analytics has snatched up Healix Risk Rating, a company focused on automated medical risk assessment for the travel insurance ratings. Financial terms were not disclosed, although the deal is ...
The Latest Launches From Hiscox and Markel
A division of Hiscox is adding and expanding coverage for media and creative industries. Markel plans to join the surety market, with an initial rollout in the UK, Ireland and continental Europe. *** ...
Wraight, the New Academy of Insurance Director, Wants Customer Ideas as He Mulls Changes
Patrick Wraight has been named the director of the Insurance Journal Academy of Insurance, a leading property/casualty insurance learning center that is part of the Wells Media Group. Wraight, an ...
IVANS Digital Distribution Tool Will Help Carriers Grow—With Agents
With no intention of disintermediating anybody, IVANS is rolling out new commercial lines "digital distribution capabilities," which the firm promises will give carriers a "data-driven method" to ...