Markets
Execs On The Move at Chubb, XL Catlin, CNA and More
Chubb appointed a 25-year insurance veteran to lead Commercial Insurance operations in the Northeast and Mid-Atlantic regions. XL Catlin made key leadership appointments for its Reinsurance ...
Munich Re’s von Bomhard Named 2017 Insurance Hall of Fame Laureate
A Munich Re executive has been named the 2017 Insurance Hall of Fame Laureate. Nikolaus von Bomhard is chairman of the Board of Management of Munich Re. He'll be inducted at the July 3 awards dinner ...
NAIC Brings on Former Penn. Commissioner Consedine as New CEO
The National Association of Insurance Commissioners picked a former Pennsylvania Insurance Commissioner as its new CEO. Michael Consedine, who will take on his new role in early 2017, said in ...
SCOTUS Rejects Hank Greenberg’s Fraud Lawsuit Appeal; Mediation to Come
The U.S. Supreme Court turned away an appeal by Maurice "Hank" Greenberg, refusing to derail a fraud lawsuit by New York state against the former American International Group Inc. chairman. Three ...
Zurich to Acquire Australian Travel Insurer Cover for $551M
Switzerland's Zurich Insurance Group has agreed to buy Australia's biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian ...
Price Declines Are Accelerating for D&O Coverage: Willis Towers Watson
Price decreases accelerated for directors and officers insurance in the 2016 third quarter, a period during which commercial insurance prices generally remained flat once again overall. The latest ...
Crawford & Co. Buys Majority Stake in WeGoLook for $36.1M
Crawford & Co. disclosed it has acquired a majority interest in WeGoLook, an online and mobile collaborative economy platform based in Oklahoma. Crawford, a provider of claims management products ...
Michigan’s Auto-Owners Insurance Proposes Affiliation With New Hampshire’s Concord General Mutual
Auto-Owners Insurance, a Lansing, Michigan, based insurance provider, has announced its proposed affiliation with the Concord, N.H., based Concord General Mutual Insurance group of companies. The ...