Industry News
Chubb Shakes Up North American Insurance Leadership
Chubb said it has made several executive leadership changes in its North American general insurance business, with John Lupica becoming executive chairman. Lupica was vice chairman of Chubb Group and ...
Survey: AI Set to Save Professionals Up to 12 Hours a Week by 2029
Results from a new survey predicts AI will free up to 12 hours per week within the next five years, with four hours per week saved in the next year alone. This, according to global content and ...
The Battle Over J&J’s Bankruptcy Plan to End Talc Lawsuits
Eron Evans died in 2016 at 41 of ovarian cancer, leaving behind two daughters. Her grieving mother, Darlene, blames Johnson & Johnson's Baby Powder – and she's pursuing a lawsuit her daughter ...
Analysis Shows $7.7B in Losses From Extreme Heat Events in California
The cumulative cost of the seven heat events in California in the past decade amounted to $7.7 billion in losses, a new report shows. The analysis from California Insurance Commissioner Ricardo ...
Reinsurers’ Appetite Grows During Mid-Year Renewals but Discipline Remains: Brokers
Reinsurance buyers generally saw positive outcomes during the mid-year renewals, finding adequate capacity to meet cedents' increasing demand for protection -- in both property and casualty, ...
Former USAA CEO Robles, 78, Dies
Former USAA chief executive officer Josue "Joe" Robles Jr., 78, died July 4. In a post to X, the company said: "Joe was a soldier at his core, and his service included multiple deployments and ...
Howden Re, Moody’s Launch Analytics Talent Exchange Program
A three-month, reciprocal, early career talent exchange program was jointly launched by Howden Re, the reinsurance and risk advisory arm of Howden, and Moody's. The program centers on the exchange of ...
Insurers Fret Over Risk of Militant Attacks, AI Hacks at Paris Olympics
Insurers are nervous that militant attacks or AI-generated fake images could derail the Paris Olympics, risking event cancellations and millions of dollars in claims. Insurers faced losses after the ...