Specialty
AmTrust Transferring Republic Personal Lines Business to Liberty Mutual
AmTrust Financial Services said it will transfer to Liberty Mutual renewal rights in six states for its Republic Personal Lines business. The deal involves Liberty's Safeco Insurance unit, and it ...
Businesses at Major Risk for Mobile Device Cyber Attacks; Few Take Precautions
Although businesses are increasingly at risk for cyber attacks on their mobile devices, many aren't taking steps to protect smartphones and tablets. That's one of the conclusions of a report on ...
Aviva Posts Record Profit, Though CEO Tulloch Warns of Coronavirus Uncertainty
Aviva shares jumped on Thursday as the life and general insurer posted a record profit in its first year under chief executive Maurice Tulloch, although he said coronavirus added uncertainty to the ...
Tokio Marine HCC to Acquire MGA GCube, Eyeing More Renewable Energy Risks
Tokio Marine HCC has agreed to snatch up GCube, a managing general agent with a focus on renewable energy risks. The deal is expected to close in the 2020 second quarter, pending the usual regulatory ...
Executives On The Move at Chubb, Loyd’s and Hamilton Insurance
Chubb picked a rising executive to be Construction Industry practice leader for its large account segment. Lloyd's of London promoted one of its veteran attorneys to be its next U.S. general counsel. ...
The Latest Launches From Verisk and Beyontec
Verisk is expanding its OneXperience InsurTech property inspection product into commercial insurance. Beyontec has updated one of its signature software products designed to help MGAs transition ...
Insurance Conferences Go on Despite Coronavirus, but No Handshakes (or Buffets) Allowed
As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at ...
With a Few Exceptions, Insurers Are Unlikely to Cushion Coronavirus Losses
Don't look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that's sweeping across the globe. The ...