Specialty
Executives On The Move at W.R. Berkley and Marsh
W.R. Berkley appointed a new president to lead one of its divisions. Marsh named a new Chief Digital, Data and Analytics officer.***
W.R. Berkley Corp. appointed ...
U.S. Justice Department Pitches Change to Internet Platforms’ Immunity
President Donald Trump met with nine Republican state attorneys general on Wednesday to discuss the fate of a legal immunity for internet companies after the Justice Department unveiled a legislative ...
Lloyd’s CEO Neal Predicts Appeal Regarding UK Business Insurance Ruling
Lloyd's of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to compensate struggling businesses for losses during the COVID-19 pandemic, to ...
Pandemic Losses Forestall Liability Insurance Turnaround
Projecting future property/casualty insurance market profit is always challenging. The economic and social impact of the ongoing coronavirus pandemic greatly compounds the uncertainty of this effort. ...
The Latest Launches From AXA XL and Cowbell Cyber
AXA XL's North America Construction business is launching custom built insurance for a new class of construction business – highly protected projects. Cowbell Cyber, which uses artificial ...
Top Shipping Insurance Group Won’t Cover Russia, Turkish Pipelines Over U.S. Sanctions Risk
The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions. ...
Insurers May Slash Allocations for Hedge Fund Investments After Dismal Pandemic Performance
Having complained for years about hedge funds' high fees and lackluster performance, insurance firms may be preparing to cut allocations to the sector after its poor performance during recent market ...
Next Insurance Nails Down $250M Financing Round; $631M Pulled in to Date
Next Insurance secured another $250 million in financing designed to fuel continued national expansion of its digital small business insurance offerings. CapitalG, Alphabet/Google's independent ...