Specialty
Ex-AIG CEO Martin Sullivan to Join Navigators Subsidiary Board
A veteran executive who once ran AIG and helped guide Willis Group Holdings, Plc. is joining the board of directors for a subsidiary of The Navigators Group, an international specialty insurance ...
Hurricane Gonzalo Insured Loss Estimates Coming In
No question about it: Hurricane Gonzalo did some big-time damage when it hit Bermuda on Oct. 17. Two catastrophe-modeling firms are already estimating that insured losses will be substantial. EQECAT ...
Workers Comp Writers Using More Mobile Device Apps and Other Tech Advances
Workers compensation insurers are increasingly turning to mobile device applications and other technology innovations in their bid to remain a force in the industry and serve their clients, Novarica ...
ACE CEO Said Ebola Risk Underwriting Approach is ‘Common Sense’
ACE Chief Executive Officer Evan Greenberg blasted news reports about his company's stance on Ebola risks as "sensationalized." In response to an analyst's question on the issue during an earnings ...
The Cost to Insure Airplanes Against Attack Will Grow Considerably
Insurers worldwide are going to have to pay up to a record $800 million to cover the damage done by attacks on airplanes this year, driving prices up and drawing rivals into the market. The hefty ...
Western World’s CEO Mulligan Retiring; COO Livingston to Fill Slot
Western World Insurance Group announced Monday that Thomas F. Mulligan, President and Chief Executive Officer, is retiring effective Jan. 1, 2015, ending a 33-year span of continuous service. On Oct. ...
FBI Cautions Foreign Govt. Agents May Have Carried Out Cyber-Attacks
Cyber-attacks on JPMorgan Chase & Co. and 13 other financial companies may have been carried out by hackers from a foreign government moonlighting as criminals, a senior Federal Bureau of ...
XL Group Boosts Cyber and Technology Underwriting Capacity
XL Group has become the latest insurer to add capacity to its cyber and technology coverage expertise, as data breaches continue to increase and the market rushes to respond in kind. XL Group's ...