Industry News
Executives On The Move at GEICO And ACE Group
GEICO promoted a veteran executive to one of its senior vice president positions. George Rogers assumes the title as well as responsibility for GEICO's operations in the Southeast and Midwest. As ...
Two New Tech Releases Designed to Improve P/C Company Routines
Two software companies focused on the insurance industry are releasing new initiatives that bring in high tech to help carriers do their jobs more efficiently. Guidewire Software, a California tech ...
Willis and UnipolSai Sponsor First Cat Bond For Italian Earthquake Risk
An Italian insurance company and a division of Willis Group Holdings plc completed what is billed as the insurance/reinsurance industry's first indemnity-trigger catastrophe bond for Italian ...
Berkshire Hathaway Hints Another New Purchase May Be Coming
Warren Buffett's Berkshire Hathaway Inc on Friday said it boosted its stake in cable TV operator Charter Communications Corp, and signaled it may have another large investment planned after agreeing ...
Lloyd’s, Fulbright Commission Expand Risk-Related Research Program
Lloyd's of London and the U.S.-U.K. Fulbright Commission announced recently that they've extended and expanded a program designed to pursue risk-related research in the U.S. The partnership, through ...
Marsh: Commercial Insurance Rates Continue Their Global Decline
Commercial insurance rates continued their global decline in the 2015 second quarter, a trend driven by a continued abundance of global capacity and a lack of large insured loss activity, Marsh said ...
Progressive Insurance CEO Renwick Sounds off on Big Insurance Trends
By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view "it's ...
Electronic Devices That Break Into Locked Vehicles Spur Heightened Worry: NICB
Auto theft investigators around the world are increasingly concerned about the use of electronic devices to break into otherwise locked vehicles. So says the National Insurance Crime Bureau, which ...