Industry News
Black Insurance Industry Collective Launches to Advance Racial Diversity and Equity
A new insurance industry initiative has launched to expand leadership development for Black professionals. The focus of the Black Insurance Industry Collective (BIIC) is to accelerate the advancement ...
Tech Bytes: New Partnerships at Amwins, Betterview, Socotra
Amwins, a global distributor of specialty insurance products and services, announced a partnership with ePlace Solutions to provide retail agents and their insureds with access to cybersecurity ...
Inflation Boosts W.R. Berkley Top Line to Record Level as Exposures Grow
While investment analysts continue to track commercial insurance rate hikes for property/casualty insurance carriers, exposure growth was an important contributor to a top-line record for the first ...
Chubb Posts Record Q1 P/C Underwriting Income
Chubb said first-quarter 2022 net income fell to $1.97 billion compared with $2.30 billion during the same time a year ago, but property/casualty underwriting income during the period shot up 106 ...
Executives on the Move at Duck Creek, Falvey, Lockton
Duck Creek Technologies has appointed Benjamin Dulieu to its leadership team as chief information security officer. He will be responsible for Duck Creek's overall information and cybersecurity ...
Buffett to Auction One Last Private Lunch for Charity
The world's most expensive lunch will go on sale again this spring when investor Warren Buffett auctions off a private meal to raise money for a California homeless charity one last time. Buffett, ...
London Market Continues to Benefit From Rising Rates and Other Tailwinds: AM Best
Upward premium rate momentum is expected to continue to support underlying performance for the London market, despite mounting challenges connected to climate modeling, claims inflation and the war ...
81% of Flood Insurance Policyholders Will See Rate Increases
When the Federal Emergency Management Agency rolled out a major overhaul to its beleaguered National Flood Insurance Program last April, it promised that bigger, richer homes would bear the brunt of ...