Markets
CEO Viewpoints: How Carriers, Reinsurers Are Reacting to Inflation
During an industry conference last week, leaders of three property/casualty insurance organizations addressed a question about opportunities in the personal, commercial and reinsurance markets by ...
Why the Investor-Driven Hard Reinsurance Market Will Persist in ’24
Reinsurers will continue to command adequate rates for property-catastrophe in 2024, even if the market comes through hurricane season unscathed, reinsurance company executives said last week. Kevin ...
Regulatory Weaknesses, Politics Driving California Exits, Industry CEOs Say
A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in the state of California at an industry conference in late June, pointing ...
Workers Compensation: Past, Present and Future
The workers compensation system is healthy and strong.
On behalf of the National Council on Compensation Insurance, it feels great to be ...
Mass. Judge Denies Class Action Certification of Diminished Value Claims
A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value of their motor vehicles that were damaged in accidents and then ...
Chubb Appoints Michael O’Donnell COO of Global Reinsurance
Chubb Limited announced the appointment of Michael O'Donnell as chief operating officer of Global Reinsurance. The appointment is effective immediately. He currently serves as division president of ...
U.S. Auto Safety Regulators Open Probe Into Ford Explorer Recalls
U.S. auto safety regulators said on Saturday they are investigating Ford Motor's prior recalls of 710,000 Explorer SUVs over power loss reports to determine if the fix is adequate. The National ...
Aon: Top Trends for Growth Offer $200B Opportunity for Insurance Industry
Technology is the biggest driver of current and future trends offering risk and opportunity for the insurance industry, according to a newly released report. Prescriptive analytics, shared mobility ...