Specialty
Wells Fargo Lesson: Culture Work Hard for Growing Cos., Says Markel CEO
It's not uncommon for one of the leaders of Markel Corp. to be greeted by an employee intent on giving him "what for" about something going on at the company as he exits his car in the morning. ...
Hiscox Combines Cyber Risk/Professional Liability in New Hospital Coverage
Hiscox recently started marketing a combined cyber risk/professional liability coverage for hospitals. The product combines the services of its healthcare and cyber underwriters under the name ...
P/C Insurers’ Underwriting Losses Worsened in H1: A.M. Best
Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half of the year, leading to an ...
New York, New Jersey Bomb Explosions Will Affect Future Terror Modeling: RMS
The Sept. 17-18 bomb explosions in New York and New Jersey will have implications for the modeling of terrorism risk due to a shift in tactics, according to an expert with catastrophe modeling firm ...
Executives On The Move at CNA, Neon and Beazley
CNA named a former Chubb executive to fill a leading executive role. Neon, backed by Great American Insurance Group, made a strategic hire. Beazley has a new aviation underwriter. *** CNA named a ...
XL Catlin to Acquire Australian Specialty Underwriting Agency Brooklyn
XL Catlin has announced plans to acquire Sydney-based Brooklyn Underwriting Pty Ltd. and Brooklyn IT Pty Ltd. from Paul Hines, their beneficial owner. The acquisition will be made by an indirect ...
The Latest Launches From Chubb and XL Catlin
Chubb came out with new coverage options for the clean tech industry. XL Catlin debuted an enhanced professional liability insurance policy form targeted to architects, engineers and design ...
AIG Unloads Stake in Lloyd’s Business; Strategic Relationship Remains
American International Group will sell off its 20 percent stake in the carrier's Lloyd's of London insurance operations – it's latest restructuring move. But the insurance giant will keep an ...