Industry News
Climate Change Could Hurt U.S. Home Values in Poorer Communities
Poorer U.S. communities are likely to face especially devastating effects from climate change, including falling property values, as they struggle to adjust to floods and rising insurance costs. ...
Chubb Chief Digital Officer Ringsted Sounds Off on Innovation, ITC and the Future
Sean Ringsted was one of the 7,000 or so people who attended the 2019 InsureTech Connect Conference, held Sept. 23 to 25 in Las Vegas. Ringsted is executive vice president, chief digital officer and ...
S&P Takes Closer Look at Argo Following SEC Subpoena Over Executive Compensation
The SEC's decision to subpoena Argo Group. International Holdings about its executive compensation practices is drawing the attention of Standard & Poor's. S&P said it has revised the outlook ...
James River Insurance Retains Rating After Dropping Its Largest Customer, Uber
Ratings agency A.M. Best said its ratings of James River Insurance remain unchanged after the insurer said it would be cancelling its business with ride-hailing giant Uber affiliate, Rasier, its ...
Brexit Business Opportunity: More Deals in Legacy General Insurance Policies
Britain's impending departure from the European Union is creating expansion opportunities for specialist general insurers who buy up and manage policies closed to new customers. Whether Britain ...
Could Your USB Cable Connect You to Hackers? — and More CM Risk Alerts
Some of the technology meant to help in your daily life may be hurting you as well. A modified USB cable could leave you connected to the bad guys. Your virtual assistant may be opening the backdoor ...
Reinsurers Look at Cyber’s Massive Growth Possibilities—With Caution
Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and ...
Executives On The Move at BHSI and Marsh & McLennan
Berkshire Hathaway Specialty Insurance hired veteran executives from RSA, Chubb and Allianz to fill three key leadership positions in Madrid. Marsh & McLennan made executive appointments in two ...