Industry News
DOJ Antitrust Chief Warns S&P Global Over Insurer Ratings Tweak
The Justice Department's antitrust division said in a letter dated last Friday that a proposed methodology change by S&P -- the world's largest credit ratings company -- could raise barriers for ...
Executives on the Move at Zurich NA, Odyssey Re, Midwest Family Group
Zurich North America has created three roles to support Zurich Construction and Energy customers in their evolving sustainability objectives. Alicia Pavelko has returned to Zurich as head of ...
Allstate Q1 Net Income Returns to Black Despite Adverse Auto Results
First-quarter 2022 insurance premiums earned grew 6.5 percent to about $11 billion at Allstate Corp., as net income was $630 million compared with a loss of about $1.4 billion during the first three ...
Juul Can’t Escape Trial in Youth Vaping Marketing Suits
Juul Labs Inc. failed to block the first trial set in a flurry of more than 2,500 personal injury cases accusing the e-cigarette maker of deliberately targeting minors in marketing its vaping ...
Markel Co-CEO Whitt to Retire Next Year
Markel Corporation announced Wednesday that Richard R. Whitt III, co-chief executive officer of Markel, plans to retire by March 31, 2023. Upon Whitt's retirement, Thomas S. Gayner, co-chief ...
Tech Bytes: New Partnerships at Tractable, Coalition, Origami Risk
Tractable, an artificial intelligence company for accident and disaster recovery, announced an enhanced collaboration with Mitchell, an Enlyte company and technology and information provider for the ...
35% of Workplace Injuries Occur During First Year: Travelers
A new study by Travelers of workers compensation claims found that 35 percent of injuries occur during employees' first year on the job, regardless of age or industry experience. "Our data ...
Allianz Partners With Africa’s Largest Insurer on $2.1B Deal
Sanlam Ltd., Africa's largest insurer, agreed to form a joint venture with Germany's Allianz SE that will combine their assets on the continent valued at 2 billion euros ($2.1 billion) and help the ...