Industry News
Specialty Insurer RLI Ranks Among Best Places to Work: Glassdoor
Listed between technology companies Google and Cisco Systems, Peoria, Ill.-based RLI Corp. is among 100 large U.S. companies being recognized by Glassdoor as one of the best places to work in 2024. ...
Another Title Insurer Hacked: Fidelity National Says 1.3M Affected
Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyber attack it suffered last November. According to a filing with the U.S. Securities and ...
Picture an experienced underwriter who’s spent 30 years building carrier relationships, spotting risks others miss, and mentoring producers. Over the...
Trueman Joins CFC as CUO After Recent Management Shakeup
CFC, the specialist managing general agent, announced that Dan Trueman has joined the business as chief underwriting officer (CUO). After the company's recent management shakeup, the current CUO, ...
Extreme Weather and Misinformation Top Global Risks: World Economic Forum
Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of years, a World Economic Forum (WEF) survey released on Wednesday said. While ...
When Higher Pricing <> Underwriting Profit or Double-Digit Returns
In spite of premium increases that primary insurance carriers will record for 2023, the U.S. property/casualty industry as a whole won't report an underwriting profit or a double-digit return for the ...
Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey
A new Chubb report has found that 76 percent of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to their homes. Sixty-three ...
PartnerRe’s Bonneau Retires as CEO; Meyenhofer to Take the Reins
PartnerRe Ltd. announced that Jacques Bonneau will retire from the company effective April 1, 2024. Philippe Meyenhofer will succeed him as chief executive officer and take his place on the board of ...
Insured Price Tag for Natural Disasters Was $95B in 2023 With Economic Cost of $250B
Natural catastrophes in 2023 caused global economic losses of $250 billion, with insurers and reinsurers paying $95 billion of that amount, according to Munich Re. Last year's insured losses of $95 ...