Specialty
Communicable Disease Coverage Debuts From Nonprofits Insurance Alliance
Nonprofits Insurance Alliance (NIA), a property and casualty (P&C) carrier exclusively serving 501(c)(3) organizations, has launched a new coverage to protect nonprofits from liability arising ...
Down to the Wire: Last-Ditch Effort to Secure a Brexit Deal
British and EU leaders will meet face-to-face to try to seal a post-Brexit trade deal after failing again to narrow their differences on Monday, increasing the chance of a disorderly parting of ways ...
Moderation Possible After U.S. Commercial Insurance Rates Climb Again in Q3
For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10 percent, according to Willis Towers Watson's Commercial Lines Insurance Pricing Survey for ...
Bankrupt N.Y. Retailer Sells $175M COVID Claim Insurers Won’t Pay
There's an unusual asset up for grabs in Century 21 Stores' going-out-of-business sale: a stake in its long-shot legal fight against insurers. The New York department store company, which filed for ...
Lloyd’s Approves New Insurance Group Inigo to Start Underwriting in January
Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip global investors, announced that it has received approval in principle from the ...
GOT Issues: An Update
Earlier this year, I wrote an article for Carrier Management that looked at potentially emerging issues that may have not yet been captured on the risk monitors of underwriters or by the algorithms ...
Biodiversity Loss Among ‘Very Top Risks’, Warns AXA Executive
AXA Group's chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He ...
Legal, Cultural Backlash Likely to Prevent U.S. Employers From Mandating COVID-19 Vaccine
Private U.S. companies have the right under the law to require employees to get vaccinated against COVID-19, but are unlikely to do so because of the risks of legal and cultural backlash, experts ...
Executives On The Move at BHSI and AXIS Re
Berkshire Hathaway Specialty Insurance named an insurance industry veteran to lead its downstream energy property insurance underwriting in Europe. AXIS Re hired a new head of its Japan business.