Industry News
Former AIG, BHSI, Lloyd’s Executive Tom Bolt Dies
Well respected insurance veteran Tom Bolt has died, one of his former employers announced on Friday. "Tom was a highly accomplished insurance executive, who was deeply respected and widely admired in ...
Best Quarter in a Quarter Century: S&P GMI U.S. P/C Q3 Analysis
With a combined ratio of 89.1 for third-quarter 2025, the U.S. property/casualty insurance industry had its best quarter in at least a quarter of a century—and maybe longer, S&P Market ...
Executives on the Move at Chubb, Everest Group
Chubb announced that Bill Hazelton has been appointed to Chief Operating Officer for North America Field Operations, effective Dec. 1, 2025. Chubb said Hazelton will have a specific focus on ...
Federal Judge Denies TRO to Marsh in Case Against Former Employees
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed ...
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
American International Group Inc.'s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the ...
Despite Tariff-Driven Chaos, Insurance IPOs Hit 20-Year High
Insurance companies' first-time share sales on Wall Street hit a 20-year high this year as investors flocked to firms that were insulated from U.S. President Donald Trump's trade war. Predictable ...
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG
Lloyd's of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he's no longer ...
Amid Higher Costs, Changing Customer Expectations P/C Insurer Rankings Down Overall
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries ...