Markets
Generali’s Profit Surpasses Expectations; Dividend Payout Delayed
Italy's top insurer Generali said on Thursday it would delay the payment of the second tranche of 2019 dividends to next year to comply with regulatory demands, after reporting nine-month operating ...
Parents Fired During Pandemic Driving Litigation Surge
Parents who lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed. Since March, ...
Greeley, Fortin Leave BHSI to Grow QBE NA Financial Lines
In two separate announcements released on Wednesday, QBE North America said it has appointed Todd Greeley as Chief Operating Officer, Financial Lines and Dan Fortin as President, Financial Lines. ...
How Lloyd’s Underwriters Are Viewing U.S. Property Risks Today
While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd's market who were in the process of increasing property insurance rates when the pandemic hit, ...
Hamilton Promotes Three as Lloyd’s Managing Agency CEO, CUO Resign
Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd's operations following the resignations of Hamilton Managing Agency Limited CEO Tim Glover and Chief ...
Life Insurance Next for Lemonade: Auto on the Horizon
Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report released late ...
Derez, Covéa Fined Over $20M for Misconduct in SCOR Takeover Bid
The Paris Commercial Court ruled against Covéa and Chief Executive Thierry Derez, fining Derez personally and Covéa as well for misconduct related to the Paris-based mutual insurer's 2018 takeover ...
Less Driving = Fewer Comp Claims: NCCI Report
The COVID-19 pandemic comes with a bright spot for workers compensation insurers: Fewer workers are being injured in motor vehicle accidents. A research brief issued by the National Council on ...