Markets
Canadian Municipalities Face Insurance Premium Hikes After COVID Revenue Collapse
Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for ...
Zurich Insurance Chief Investment Officer Named as New Swiss Markets Watchdog
Switzerland's markets watchdog FINMA on Tuesday named Zurich Insurance chief investment officer Urban Angehrn as its new boss, tapping an insurance industry veteran to lead the financial supervisor. ...
Lula Raises $18M, Allowing Big Expansion of Its API Tech for Insurance Infrastructure
API InsurTech startup Lula plans to aggressively hire and expand its product capacity now that it has raised $18 million in new venture capital. The company started out as a car sharing app for ...
Federal Judge Halts Enforcement of Part of Florida’s New Property Insurance Reform Law
A federal judge has halted enforcement of a section of Florida's new property insurance reform (SB 76) law that restricts the advertisements and solicitations of roofing contractors. U.S. District ...
Liberty Mutual Acquiring State Auto
Liberty Mutual Holding Company, whose insurance company famously invites customers to only pay for what they need, is paying roughly $1 billion to acquire State Auto Group, a super-regional insurance ...
Eight Global Insurers, Reinsurers Unveil Net-Zero Climate Alliance
Eight of the world's leading insurance and reinsurance companies on Sunday launched an alliance to help speed up a transition to a net zero emissions economy. The companies, which include Europe's ...
Strategy Sessions Is Coming – A Free Monthly CM Webinar Show
We're starting something new at Carrier Management — a free monthly webinar show called Strategy Sessions. Strategy Sessions will give listeners and viewers a lunch-hour look at critical topics ...
Executives On The Move at Chubb and AXIS
Chubb's Westchester division promoted an executive to a new role. AXIS Re appointed an executive to a leadership role within its AXIS Re Strategic Partners division.