Specialty
Boshoven Retiring as Farmers Specialty Lines/Foremost Leader; Cok Set to Replace Him
Steve Boshoven is retiring from Farmers Group after an insurance industry career spanning more than 30 years. Boshoven is currently president of Farmers Specialty and head of the Foremost Brand, an ...
Pie Insurance Debuts, With Small Business WC as a Target
Pie Insurance, an InsurTech startup focused on the small business workers compensation market, recently closed a $4.3 million seed financing round and the company is debuting this week with an online ...
AIG Hires Novae Veteran as New Reinsurance Head
American International Group brought on a former Novae group executive to lead its reinsurance and other divisions. Charles Fry joined the company as head of Reinsurance, Operations and ...
AIG Will Sell Medical Stop-Loss Operations to Tokio Marine HCC
Tokio Marine HCC plans to acquire the medical stop-loss operations of American International Group. Neither side is disclosing financial terms in the deal, which is expected to close on Oct. 15. But ...
The Latest Launches From Willis Towers Watson, Beazley/Generali and RMS
Willis Towers Watson launched an active shooter/armed intruder readiness program for senior living communities. Beazley is partnering with Generali Brazil to manage data breaches for Generali's ...
SCOTUS Considers Right of Workers to Bring Class-Action Claims; Court Divided
Liberal U.S. Supreme Court justices on Monday defended the right of workers to bring class-action claims against companies but their conservative counterparts who are in the majority sounded ...
A Roundup of Major Insurer/Reinsurer Hurricane and Quake Losses Thus Far
Losses from Hurricane Maria and other recent 2017 natural catastrophes—including hurricanes Irma and Harvey, the Mexico City earthquakes, and other events—have led global insurers and reinsurers ...
Brexit Conflicts Rock May’s UK Cabinet; May Denies Problems
U.K. Prime Minister Theresa May is battling to assert her authority over a divided Conservative Party as she faces calls to quit as its leader before the next general election. While May insists she ...