Industry News
Tokio Marine Kiln Names New CEO and Enacts Other Leadership hanges
Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG). He will be succeeded by Brad ...
California Utility Reaches $11B Settlement Over Wildfire Claims
California power producer PG&E Corp said on Friday it has reached an $11 billion settlement with entities representing about 85% percent of insurance subrogation claims relating to 2017 and 2018 ...
Risk Alert: Is Water Making Us Fat?
Drinking water: a commodity so abundant in modern society that we rarely give it much thought. At least until recently with two dramatic discoveries. First, the discovery of lead-contaminated water ...
The Latest Launches From Neptune Flood, Apollo Insurance Solutions and Cape Analytics
AXA XL and Neptune Flood inked a deal that will help more than double Neptune's capacity nationally. A Canadian digital insurance marketplace, has entered the American market with a liability ...
Nationwide Unveils Commercial Insurance Digital Storefront Developed With Bold Penguin Infrastructure
Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote ...
UK Insurer RSA Returns to Earlier Commercial Lines Organizational Structure
RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single business unit focused on commercial lines. This move follows ...
China-Owned Insurer Helps Soften Trade War Hits for Exporters and Importers
As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing low cost coverage and chasing down U.S. importers ...
Next Insurance Makes Room for Agents After All
Next Insurance has begun formally marketing a portal designed to help independent agents quickly quote and sell its policies. Next said the system, dubbed "Next for Agents," had been in beta testing ...