Industry News
CMT Graphic Insight: I Think I’ll Drive My Tesla Instead
Telematics provider Cambridge Mobile Telematics (CMT) announced results of new research into driving trends Thursday, revealing that families that own both a Tesla and car with a combustion engine ...
The Latest Launches from ICEYE, CoreLogic, Coalition
ICEYE, a provider of SAR data and natural catastrophe analysis services, announced the launch of ICEYE Insights, a geospatial platform that allows insurance companies to combine ICEYE's flood ...
U.S. Power Companies Face Supply-Chain Crisis This Summer
U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events ...
S&P Puts SiriusPoint on CreditWatch Neg. After CEO, COO Exits
SiriusPoint, the Bermuda-based global specialty insurer and reinsurer, has responded to the recent decision by S&P Global Ratings (S&P) to place the company and its core subsidiaries on ...
‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles
Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice leader at broker Johnson, Kendall & Johnson said, "I am just constantly ...
P/C Industry to Finish 2022 in the Red With Combined Ratio Over 100: S&P
For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due to inflation, said S&P Global Market Intelligence. "We expect that ...
The OIL Group Changes Name as Part of Major Rebrand
Bermuda-based energy insurer OIL Group of Companies has announced a major rebrand and will now be known as Everen Group. The group's operating units have also been renamed: Oil Insurance Limited ...
Executives on the Move at Hiscox, CoreLogic, Ledgebrook
Specialist global insurer Hiscox has appointed Stéphane Flaquet as the group's chief operating officer, effective Sept. 1, 2022 and subject to regulatory consents. Flaquet has been with Hiscox since ...