Industry News
Trial for Florida Condo Collapse Set for March 2023
A major lawsuit in the collapse of a Florida beachfront condominium building that killed 98 people will go to trial in March 2023, a judge said Wednesday. That's about six months later than ...
M&A Deals: Acrisure, Everspan, Swiss Re Corporate Solutions, Canopius
Acrisure has acquired Appalachian Underwriters. Ambac Financial Group subsidiary Everspan Group has completed the acquisition of three admitted insurance carriers. Swiss Re Corporate Solutions has ...
Executives on the Move at Canopius, BHSI, Brit
Canopius Group, the London-based global specialty re/insurer, has appointed Neil Robertson as group chief executive officer. Part of his focus will be on developing the company's Asia-Pacific, ...
Product Innovation Taking Off on Lloyd’s ‘Launchpad’
The Lloyd's Product Launchpad is the new home for the development of insurance solutions to tackle emerging risks. The Lloyd's Product Launchpad has been created to replace the Product Innovation ...
Flurry of Briefs Filed Supporting, Opposing OSHA COVID-19 ETS in U.S. Supreme Court
With the January 7, 2022, oral argument over the Occupational Safety and Health Administration (OSHA) Vaccine or Test Emergency Temporary Standard (ETS) in the U.S. Supreme Court fast-approaching, ...
Executives on the Move at Tokio Marine, TigerRisk, AIG
Tokio Marine HCC has appointed Michael Palotay as president of its Cyber & Professional Lines Group. Palotay previously served as chief underwriting officer of the group. He succeeds Richard ...
Wilson Passing Baton to Tizzio as AXIS Insurance CEO
Vincent C. Tizzio, a former executive vice president for The Hartford, is taking a new role as a senior advisor at AXIS Capital, with a transition to the position of chief executive officer of AXIS ...
KCC Estimates $1B in Insured Losses From Colorado Wildfire
Catastrophe modeling firm KCC estimates the insured loss from the recent Colorado wildfire could be $1 billion. With nearly 1,000 structures destroyed, KCC said the Marshall Fire is the most ...