Specialty
Markel’s Q2 Informed by Strong Premium Gains, Except for Workers Comp
Markel Corp.'s second quarter saw a dip in net income even as rate hikes and business growth led to substantial gains for earned premiums. Its combined ratio also came in at a healthy level. "Our ...
Zurich Insurance, Metromile Disclose Their Post-COVID Return-to-Office Plans
Zurich Insurance and Metromile are among a number of industry companies that have plotted post- COVID returns to the office. Like the others who have recently disclosed their plans, they are doing so ...CNA Finished Strong in Q2 After Ransomware Attack
CNA Financial Corp. (CNA) announced second quarter 2021 net income of $368 million versus $151 million in the prior year quarter. The quarter saw improvement in the underlying combined ratio, very ...
Insurance Withdrawal Puts Sports and Festival Events at Risk
While there was debate about the wisdom of the Tokyo Olympics proceeding as scheduled given the current health conditions, the insurance industry dodged a bullet with the go-ahead. According to ...
MGA reThought Insurance Nails $15.5M Investment to Boost Flood Insurance Market Push
The MGA reThought Insurance secured a $15.5 million investment round designed to accelerate its growth in the U.S. Commercial flood insurance market. Several investors participated in the Colorado ...
CFC Underwriting Picks Newman as CEO; Walsh Moves to Group CEO
CFC Underwriting, the London-based specialist managing general agent, announced that Chief Innovation Office Graeme Newman has been appointed as the company's new CEO. Founder and current CEO, Dave ...
UK Drone Insurer Flock Raises $17M for Planned Expansion
British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya's Social Capital, Flock said on Thursday. Flock started out ...USAA Boosts Diversity Initiatives With New Executive Hire
USAA has hired its first-ever head of diversity initiatives at the organization. Bryan Gingrich will serve as Vice President of Diversity, Equality and Inclusion, a new role at the Texas-based ...