Industry News
The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway
Last week, information services firm Verisk said it had taken steps that align with one investor's call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk ...
Acrisure Acquires MGA Platform Volante Global From Markel’s Nephila
Acrisure, the Grand Rapids, Mich.-based financial services and insurance brokerage firm, announced it is acquiring Volante Global, a multi-class, multi-territory international managing general agent ...
BHSI Appoints Godhwani, Bresnahan to New Executive Leadership Roles
Berkshire Hathaway Specialty Insurance (BHSI) announced that Sanjay Godhwani has been named president, North America Region, and David Bresnahan will take on the role of global chief operating ...
Insurers, Brokers Among Those Named World’s Most Ethical Companies
Two property/casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world. The 16th annual report from Ethisphere, a company that ...
Executives on the Move at Root, Zurich, Ategrity
Root Inc. announced that Rob Bateman will join the InsurTech as the company's new chief financial officer, effective April 11. Bateman most recently served as president and CFO of startup excess and ...
Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?
Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global ...
Study: SUVs, Pickups Hit Pedestrians More Often Than Cars Do
Drivers of bigger vehicles such as pickup trucks and SUVs are more likely to hit pedestrians while making turns than drivers of cars, according to a new study. The research released Thursday by the ...
$10B Worst Case Insurance Aviation Loss for Planes Grounded in Russia
A realistic estimate of aviation insurance and reinsurance losses for the grounding of planes in Russia falls in the $5-$6 billion range, but a worst-case estimate of $10 billion would be the biggest ...