Industry News
Sennott Named as CapSpecialty’s New Leader; Sills to Retire
CapSpecialty appointed long-time Board member Jack Sennott to be its new chairman, president and CEO. With Sennott's ascent, Stephen Sills, Cap Specialty's head of Professional Liability and Small ...
Data Breaches Take Months to Discover, but They Happen Within Minutes
While it typically only takes a short amount of time for a successful breach to compromise data, the amount of time it takes for a breach to be discovered is more likely to be months. This means ...
Chubb Becomes First U.S. Carrier to Phase Out Coal Investments/Insurance Policies
Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than ...
The Latest Launches From Chubb and EverQuote
Chubb is now selling small business insurance for the food service industry. Online insurance marketplace EverQuote said it is expanding into health insurance and renters insurance, building on its ...
W.R. Berkley Corp. Hires Former AIG Exec Fenster to Run Commercial Transportation Insurance Arm
A former AIG executive has joined W.R. Berkley Corp. to lead a new commercial transportation insurance division backed by data and analytics technology. Jeanne Fenster will be president of Berkley ...
Dutch Agency Warns State-Backed Cyber Espionage Is Becoming Escalating Threat
The Dutch intelligence agency (AIVD) on Thursday warned of the escalating threat of state-backed cyber espionage, saying the Netherlands was particularly vulnerable as a hub for international ...
China Establishes New Insurance Group to Take Over Anbang’s Main Operations
China has created the new insurance group set to take over the main operations of Anbang Insurance Group Co., the once-acquisitive conglomerate that's under state control. Beijing-based Dajia ...
Executives On The Move at AIG and Its Blackboard Insurance Division
American International Group hired an executive to fill the new position of Global Head of Shared Services. AIG's Blackboard Insurance hired someone to be its new head of Growth and Underwriting.
Happy National Insurance Awareness Day
Has it really been a year since we last celebrated National Insurance Awareness Day? To properly celebrate the holiday, I have included a few words of appreciation about my favorite industry. Thanks ...