Specialty
Uber Expands Insurance Coverage for Ridesharing Drivers
UberX on Friday expanded the insurance coverage it offers to ridesharing drivers, a step toward easing the concerns of U.S. regulators and lawmakers and creating broader acceptance of the services. ...
Industry Alliance Formed Promoting Value on High Net Worth Specialists
The Private Risk Management Association (PRMA) on Tuesday announced its formation as a nonprofit, independent, member-owned organization committed to supporting the specialist high net worth ...
Markel’s Michael Crowley: Former Broker COO Deepening Carrier Sales Culture
Michael Crowley had been in the chief operating role of property/casualty insurance organizations for nearly two decades when he signed on to be an executive for Markel Corp. in 2009. But for all of ...
Private Equity, Insurance Execs Team Up on Earthquake Insurer Startup
Genstar Capital Management, LLC, a middle market private equity firm announced Wednesday that it has partnered with insurance industry veteran David M. "Mac" Armstrong to set up an earthquake ...
Ironshore Names Executive Committee to Drive Growth Strategy
Specialty insurer Ironshore Inc. said it has formed a Group Executive Leadership Committee to formulate the firm's strategy for continued growth and enhanced performance of its group of companies ...
Mortgage Insurers Form New Trade Group
Six U.S. mortgage insurers, including units of Radian Group Inc. and Genworth Financial Inc., formed a lobbying association to push for a broader role for the industry in a revamped housing-finance ...
Fitch Sees Rise in Demand for Private Flood Insurance
As federal subsidies for flood insurance are reduced and the cost of government provided insurance goes up, the demand for private flood coverage could also rise, according to Fitch Ratings. However, ...
Supreme Court Justices Grapple with Rules for Class Actions
U.S. Supreme Court justices sought a middle ground to preserve class-action shareholder lawsuits as they heard a case testing the legal rules that have fostered thousands of cases over the past ...