Industry News
U.S. Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report
Home insurance costs that have soared in much of the U.S. may get even higher. Tens of millions of properties around the country are insured at prices that haven't caught up with the danger of ...
CAS Announces Cummings as President-Elect
The Casualty Actuarial Society (CAS) has announced the results of its elections, with David Cummings, FCAS, being named president-elect for 2023-2024. He will begin his term at the close of the 2023 ...
Wood Named CEO of QBE’s North America Division
QBE Insurance Group has confirmed the appointment of Julie Wood as chief executive officer of the company's North America division. Wood joined QBE in January 2023 as group head of Distribution and ...
Executives on the Move at CSAA, Zurich NA, Kemper, Colonial Surety, MS Amlin
CSAA Insurance Group, a AAA insurer, announced that Todd Pugh has been promoted to executive vice president and chief information officer, overseeing all aspects of the company's information ...
‘Hard But More Manageable’ Jan. 1 Renewals; Little Relief on Retentions
The hard reinsurance market in property-catastrophe reinsurance isn't coming to an end at Jan. 1, 2024, but reinsurers are likely to deploy more of their capacity next year, broker executives said ...
Satisfaction Stable In Challenged Homeowners Market; Erie Ranks Highest: J.D. Power
As U.S. homeowners and renters are seeing rising premiums or policy cancellations due to a combination of natural catastrophes and regulatory pressure, the J.D. Power 2023 U.S. Home Insurance Study ...
LexisNexis Risk Solutions Launches C.L.U.E Auto Damage 360
Celebrating the 35th anniversary of the Comprehensive Loss Underwriting Exchange (C.L.U.E.), LexisNexis Risk Solutions announced the launch of C.L.U.E. Auto Damage 360, a comprehensive auto claims ...
Tourist Duck Boats Get New Rules Aimed at Improving Safety
Five years after 17 people died when a duck boat sank on a Missouri lake, the U.S. Coast Guard has issued new rules for the amphibious World War II vessels retrofitted for tourist excursions. But the ...