Specialty
RIMS 2016: Travelers CGL Data Breach Ruling Won’t Impact Cyber Market
What will be the effect of this week's federal court ruling that Travelers Indemnity, under its commercial general liability (CGL) coverage, must defend an insured sued due to a medical records data ...
Markel International Streamlines Structure of Wholesale Business Arm
London-based specialist insurer Markel International said it has streamlined the structure of its wholesale business. The Markel Corp. subsidiary said that the division now has three operating ...
Solid Publicly Traded Reinsurer Results Under Threat: A.M. Best
Reinsurers have been delivering solid operating results, with publicly traded reinsurers currently outpacing the overall equity market – but this good fortune may not be sustainable, given the ...
Connected Cars Seen Vulnerable to Terror Groups
Internet-connected and driverless cars could be targets for hackers—potentially including terrorists and hostile nations—so the automotive industry must ensure vehicles have built-in ...
Former K&K Exec Launches Private Equity Fund to Acquire MGAs
A group of investors led by Matthew Sackett, former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the ...
Federal Court Rules Travelers CGL Policy Covers Data Breach
A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private ...
Swiss Re Americas Reorganizes U.S. P/C Markets Division
The departure of Swiss Re Americas executive William Donnell last fall opened the door to a major reorganization for the reinsurer's U.S. property/casualty arm. Donnell had been president of Swiss Re ...
Executives On The Move at W.R. Berkley, QBE, Argo and Ironshore
QBE North America hired a former AIG human resources executive to fill a key human resources role. Argo Group appointed a new president of Argo Pro U.S. Ironshore Inc. named a new leader for its ...