Specialty
Executives On The Move at The Hartford and Swiss Re
The Hartford named one of its rising executives to be head of the Western Division for its Middle and Large Commercial Insurance business. Swiss Re Corporate Solutions appointed a new Head, Crisis ...
Tokio Marine’s Singapore Subsidiary Struck by Cyber Attack
Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber attack. Upon a detection of the attack, TMiS immediately took necessary ...
Former Purdue Pharma President Sackler Testifies His Family Didn’t Fuel Opioid Epidemic
Former Purdue Pharma President Richard Sackler said on Wednesday that his family's reign over the OxyContin maker did not contribute to the national opioid epidemic and downplayed his role in a ...
U.S. Cannabis Insurers Quietly Prepare for Increasingly Likely Federal Legalization
Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level. ...
Executives On The Move at AXIS Insurance and Africa Specialty Risks
AXIS Insurance made three new appointments within its U.S. Excess and Surplus Property team, including a former Chubb executive. Africa Specialty Risks, the pan-African focused reinsurance group, ...
T-Mobile Discloses Data Breach Affecting 40 Million People
T-Mobile US Inc said on Wednesday an investigation into a data breach revealed that personal data, including social security numbers and driver's license information, of more than 40 million former ...
Hagerty, an Insurer of Classic Cars, Will Go Public in $3B SPAC Deal
Hagerty, an insurer of classic cars, has agreed to go public through a merger with SPAC Aldel Financial Inc in a deal that values it at $3.13 billion, the companies said on Wednesday. Hagerty ...
InsurTech Quotall Links With Broker Acrisure in New Strategic Partnership
InsurTech software and services company Quotall said it is partnering with global insurance broker and fintech services provider, Acrisure. Under the arrangement, Acrisure will provide insurance ...