Industry News
Lloyd’s Comes Up With ‘Robust Plan of Action’ to Address Sexual Harassment Reports
Lloyd's is releasing "a robust plan of action to address reports of sexual harassment in the Lloyd's market and create a safe and inclusive working environment." The plan includes possible lifetime ...
Hamilton Hires Barrett, Garber to Fill New Leadership Slots; O’Donohoe Departs
Hamilton Insurance Group, moving full-speed ahead with its growth strategy, is hiring on two executives in newly created roles, and a third leader is leaving the company. The Bermuda-based insurance ...
Federal Judges Cracking Down on Cozy Class Action Deals
Federal judges in California are cracking down on warped incentives in class-action lawsuits, exerting tighter oversight of settlements that provide hefty fees for plaintiff lawyers but no meaningful ...
House Committee Considers NFIP Reauthorization, Plus 3 Flood Insurance-Related Bills
A Congressional House committee pursuing reauthorization of the National Flood Insurance Program is also considering a number of related legislative proposals beyond the NFIP's renewal. In all, four ...
Activist Fund Pursues Removal of SCOR CEO as Chairman Over Thwarted Takeover Attempt
French activist fund CIAM will ask reinsurance company SCOR's CEO Denis Kessler to surrender the chairmanship of the company's board after he thwarted a takeover attempt earlier this year. CIAM, ...
Executives on the Move at Willis Re, NJM, Metromile and Betterview
NJM Insurance Group named a new CFO. A former Uber-engineering executive joined the Metromile team. The former leader data scientist of Farmers is now at Betterview. Willis Re has a new head of ...
Future of Claims: Customers Still Want Humans In Process—But Not Too Many
While insurance carriers are warming to the idea of automating the claims process—and even possibly touchless claims handling—auto insurance policyholders are still wary of do-it-yourself ...
Lloyd’s Comments on Reports of Rampant Sexual Harassment
In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market ...