Industry News
MGAs, DUAEs Sparked Double-Digit Growth in ’22 U.S. Premiums: AM Best
Direct premium written through the Delegated Underwriting Authority Enterprises (DUAE) market in the United States continued its significant growth rate in 2022, increasing by 13.8 percent to $67.6 ...
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits
A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender's executives for ...
34% of Workplace Injuries Occur in First Year on the Job: Travelers
More than a third of workplace injuries occur during employees' first year on the job, regardless of age or industry experience, according to a new report from ...
AIG, Stone Point Finalize Deal to Start MGA for High-Net-Worth Business
American International Group said it has finalized an agreement with private equity firm Stone Point Capital to form Private Client Select (PCS) Insurance ...
Q1 Net Income Up 21% at The Hartford but Personal Lines Unprofitable
The Hartford reported first-quarter 2023 net income of $535 million, nearly a 21 percent increase over $443 million a year ago.
In the ...
Survey: Economic and Cyber Risks Lead Global D&O Concerns
At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according to the latest Directors and Officers Liability 2023 Survey released ...
Office Politics Still Toxic in the Work-From-Home Era
The gossip. The suck-up. The bully. Workplaces have been home to these toxic personalities since the beginning of work, and a new survey has found the problem persists in ...
Canopius Has Management Shake-Up With 3 Execs Exiting
Canopius Group, the London-based global specialty re/insurer, has had a management shake-up, with three executives exiting the company.
