Markets
Bank of England to Lloyd’s: Make Progress in Tackling Sexual Harassment
The Bank of England called for Lloyd's of London to demonstrate progress in tackling the insurance market's culture of sexual harassment. The BOE's director of insurance supervision Anna Sweeney said ...
Commercial Insurance Ratings for Small Business: Challenge or Opportunity?
The growing gig economy, where nearly one-third of workers in the U.S. are now employed by small to medium businesses, is making it difficult for commercial insurance carriers to accurately assess ...
Chubb Teams With National Association of Women Business Owners to Provide Resources
The National Association of Women Business Owners (NAWBO) has partnered with Chubb to provide NAWBO members with small business insurance resources, such as education, insurance products and services ...
Executives On The Move From W.R. Berkley Corp. and AGCS
W.R. Berkley Corp. brought in a new executive to lead its Berkley Select Unit. Allianz Global Corporate & Specialty rearranged the management team roles its Specialty business segment.
InsurTech Startups Will Scale Up and Mature in 2019, and Other Predictions
The insurance technology, or InsurTech sector has seen much technological and investment development over the past few years. Traditional insurance business lines such as health, auto, and commercial ...
U.S. Auto Insurance Customers Grow Happier With Direct-to-Consumer Models: J.D. Power
U.S. auto insurance consumers are quite happy about their coverage, and a growing shift to direct-to-consumer models has driven much of their good feelings, J.D. Power said in a new report. Overall ...
Why Hail Storm Losses Began Rising in 2008 Remains a Mystery
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country's losses ...
As Disappointed Shareholders Take Aim at IPOs, D&O Insurance Market Tightens
Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives against lawsuits alleging they misled investors. ...
How Daubert Standard Could Impact Florida Industry, Judicial Climate
The Florida Supreme Court has reversed a prior court's decision to use a nearly 100-year-old standard on expert witness testimony and instead adopted stricter federal standards currently used by a ...