Industry News

Montana Pollution Lawsuit Could Limit Aerial Fire Retardant Use

A legal dispute in Montana could drastically curb the government's use of aerial fire retardant to combat wildfires after environmentalists raised concerns about waterways that are being polluted ...

Munich Re Specialty Appoints New CEO; Executive Moves at Chubb, Ascot

Munich Re Specialty Insurance (MRSI) appointed Sabrina Hart as president and chief executive officer, effective May 1.

Hart has served as ...

Altria Tells Jury It Didn’t Benefit From Juul’s Marketing to Young Users

Altria Group Inc. didn't benefit from its $12.8 billion investment in Juul Labs Inc., the tobacco giant's lawyers told a jury in a trial over whether it helped the ...

W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’

W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers market "down the drain."

Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB Collapse

Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies ...

Tech Bytes: New Partnerships at Driver Technologies, EagleView, CAPE Analytics

Driver Technologies Inc., an artificial intelligence-based mobility tech company, and TomTom, or TOM2, a geolocation technology specialist, announced a partnership to implement the premium version of ...

Thefts Prompt 17 States to Urge Recall of Kia, Hyundai Cars

Attorneys general in 17 states on Thursday urged the federal government to recall millions of Kia and Hyundai cars because they are too easy to steal, a response to a ...

Hannover Re Latest Company to Leave Net-Zero Insurance Alliance

German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing emissions that has faced growing political ...