Specialty
Bank of England Tells Banks, Insurers to Press Ahead With Analyses of Climate Change Risks
The Bank of England (BoE) has told banks and insurers to press ahead with analyzing the impact of climate change on their operations, saying that guidance published on Monday would be followed by ...
FCCI Names Welch as CEO, Replacing Johnson, Who Was Fired in May
FCCI Insurance Group's board of directors has named Christina "Cina" Welch as president and CEO, replacing Craig Johnson, who was terminated from his role in May 2020 after an incident with police in ...
Environmental Groups Want Miners to Buy Private Insurance for Tailings Dams
Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held legally responsible for any disasters, a coalition of 140 environmental ...
New Flood Risk Maps Designed to Address Major Government Deficiencies
First Street Foundation, a nonprofit agency, is making accurate climate change-adjusted flood scores available for every property in the U.S. today. There are government-produced maps showing 8.7 ...
Aclaimant, a Safety and Risk Management Software Startup, Raises $10M
The InsurTech Aclaimant secured $10 million in venture capital financing to help grow the reach of its workflow platform for safety and risk management. With cash in hand, the Chicago-based startup ...
Most Work Injuries Keep Declining, With Vehicle Accidents a Notable Exception
While the frequency of workers compensation claims has continued a decades-long decline, the number of work injuries caused by motor vehicle accidents has continued a steady increase that began in ...
After 60 Years Going Solo, Triple-I Will Affiliate With The Institutes
The Insurance Information Institute plans to affiliate with The Institutes after 60 years as an independent organization. I.I.I.'s board of directors approved the plan earlier in June and The ...
Executives On The Move at W.R. Berkley and Alliant
Specialty insurer and reinsurer W.R. Berkley appointed two attorneys to high-level counsel positions. Alliant hired a co-leader of its mergers and acquisitions unit.