Personal Lines
What Is the No. 1 Emerging Litigation Risk? ‘Forever Chemicals,’ Says Praedicat
The top emerging litigation risk identified for the year ahead is PFAS, the so-called "forever chemicals" used in a wide variety of products such as Teflon, Scotchgard, food containers, firefighting ...
Executives On The Move at AIG and AXIS
AIG picked a Guy Carpenter veteran executive to lead its operations in Japan. AXIS chose a new head for its AXIS Specialty Europe aviation business in continental Europe. *** American International ...
American Family Employees Getting Paid Holiday to Vote in National Election
The American Family Insurance group plans to again give its more than 13,500 employees nationally a paid day off so they can vote in the national election. Employees have a choice in the matter in ...
COVID-19 Narrows VC Window to InsurTechs That Meet Urgent Industry Needs: Deloitte
InsurTech venture financing held its own in the first half of 2020, essentially matching robust levels reached over the same period last year despite economic shocks created by the coronavirus ...
Second Hurricane in a Month Heads Toward U.S. Gulf Coast
Tropical Storm Sally strengthened off the west coast of Florida on Sunday and was poised to become a category 2 hurricane, bringing the threat of dangerous storm surges and high winds to the U.S. ...
Global Reinsurers Face Major Hardening Market Over Next Two Years: Munich Re
Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely continue over the next two years, or even longer, according to ...
Executives On The Move at CNA and CoreLogic
CNA appointed a new Chief Data & Analytics Officer. CoreLogic hired someone to run its Insurance Solutions business for the global property insurance industry. *** CNA appointed Santosh Bardwaj ...
Consortium to Buy Aviva’s Singapore Business for $1.98B
British life, motor and home insurer Aviva said on Friday it will sell its majority shareholding in its Singapore business to a consortium led by Singapore Life for S$2.7 billion ($1.98 billion), as ...