Specialty
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 ...
Beazley/Munich Re Start Selling Broad Cyber Cover for Large Global Companies
Beazley will link up with a unit of Munich Re to roll out broad cyber protection for the world's largest companies, with a focus on digital assets and IT infrastructure. Plans call for Beazley, the ...
Global Cyber Email Scams Cost Businesses Billions of Dollars
Businesses have lost billions of dollars to fast-growing scams where fraudsters impersonate company executives in emails that order staff to transfer to accounts controlled by criminals, according to ...