Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding
Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major ...
Industry News
Discarded Joints Pose Hazards for Dogs
Bondi, an 8-month-old toy poodle, had just returned from a walk when he began stumbling. His head wobbled and soon he could barely stand, so his owner, Colleen Briggs, ...
Swiss Re Returns to Q1 Profit, Driven by Adequate Pricing, Higher Investment Results
Swiss Re swung back to a first-quarter profit, reporting net income of $643 million compared with a loss of $248 million for the prior-year period.
AXIS Capital Holdings Ltd. announced that Vincent C. Tizzio assumed the role of president and CEO of AXIS as part of a planned leadership transition, first announced in ... Allstate Corp. posted a bigger first-quarter loss than analysts expected as higher premiums failed to offset rising auto costs and soaring catastrophe losses. A homeowner fired shots at a couple's car when they mistakenly turned onto his property while making an Instacart delivery. A Florida man was charged with killing and ... Facebook owner Meta said on Wednesday it had uncovered malware purveyors leveraging public interest in ChatGPT to lure users into downloading malicious apps and browser ... Aon has named Andy Marcell CEO of Risk Capital (Commercial Risk and Reinsurance) and Lambros Lambrou CEO of Human Capital (Health, Wealth and Talent), effective ...
Tizzio Becomes President and CEO of AXIS Capital, Succeeding Benchimol
Robust ERM Programs Vital as Risks Evolve: Report
Though most insurance companies feel their enterprise risk management (ERM) programs are operating at a robust level, rising economic risks and claims costs and the increasing severity and frequency ...
Progressive Falling Short of CR Target; 10 More Points of Rate This Year
With loss reserve actions moving Progressive's first-quarter calendar year combined ratio up to 99, the company is tightening underwriting, cutting advertising spend and taking more rate actions, the ...
Allstate Posts Loss With ‘Exceptionally’ High Catastrophe Costs
Attacks on Delivery Drivers Add Fears Among Gig Workers
ChatGPT-Related Malware on the Rise, Meta Says
Aon Realigns Leadership Around More Integrated Risk and Human Capital Capabilities