Specialty
Credit Reporting Agency Equifax Reveals Cyber Attack; 143 Million Customers Possibly Impacted
Equifax Inc. said its systems were struck by a cyber attack that may have affected about 143 million U.S. customers of the credit reporting agency, shedding light on one of the largest and most ...
Hurricane Irma Threatens $1.2B of Florida Crops; Insurance Issues Will Vary
Hurricane Irma is threatening to wreak havoc on Florida farmlands, menacing $1.2 billion worth of production in the top U.S. grower of fresh tomatoes, oranges, green beans, cucumbers, squash and ...
Executives On The Move at Hamilton Re, AIG and Hub International
Hamilton Insurance Group's Hamilton Re made a number of new underwriting-based leadership changes. AIG has a new general counsel. Hub International's president is now also its CEO.
Irma Is Now a Category 5 Storm Threatening Florida and the Caribbean
Florida declared a state of emergency before a possible hurricane strike after Irma strengthened to become a Category 5 storm on its approach to the Caribbean. Irma's maximum winds rose as high as ...
The Latest Launches From Berkshire Hathaway Specialty Insurance and Verisk/PCS
Verisk Analytics business Property Claim Services is launching a global cyber industry loss index. A Division of Berkshire Hathaway Specialty Insurance will pair with another company to offer travel ...
Executives On The Move at Zurich, XL Catlin and Starr Companies
Zurich Insurance is bringing on a former Swiss Re executive as its new group chief risk officer. XL Catlin appointed a former Zurich executive to a new leadership position at the carrier. Starr ...
Texas Insurers, Larger Carriers Can Handle Hurricane Harvey Pressures: A.M. Best
Texas insurers and larger carriers that do business in Texas will see some strains from Hurricane Harvey and the historic rains and flooding that followed. But A.M. Best expects them to withstand the ...
Conflict Grows in Brexit Negotiations
British trade minister Liam Fox said on Friday Britain would not be blackmailed into agreeing on the cost of leaving the European Union, and urged Brussels to move negotiations on to discuss ...
Japan’s Sompo Holdings Will Sell Sompo Canopius to Centerbridge for $952M
Japan's Sompo Holdings Inc. announced it has agreed to sell Lloyd's re/insurer Sompo Canopius AG to a private equity consortium led by Centerbridge Partners for $952 million. On completion of the ...