Industry News
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 ...
InsurTech NY Opens 2022 Early-Stage InsurTech Competition
InsurTech NY is now accepting applications for its third annual InsurTech Early-Stage Competition. InsurTech startups will be selected as finalists based on their growth potential and market ...
Tension High as Re Buyers Face Another Year of Price Hikes
Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved their risk profiles by de-risking and elevating risk ...Zurich’s Savio Named APIW 2021 Insurance Woman of the Year
The Association of Professional Insurance Women has named Kathleen Savio, group chief transformation officer of Zurich Insurance Group, as the 2021 APIW Insurance Woman of the Year. She will be ...
D&O Insurance Specialist IDs a Fourth Variant of COVID Shareholder Suits
Even over a holiday weekend, alerts were hitting the newswires in advance of Jan. 3—the deadline for shareholders of ON24 to apply for lead plaintiff status in a lawsuit against the online event ...
Workplace Fatalities Fell 10.7% in 2020, While Severe Illness Cases Rose
Worker deaths decreased by 10.7 percent in 2020 compared to 2019, with 4,764 fatal workplace injuries, according to the Bureau of Labor Statistics in its annual report on workplace fatalities for ...