Industry News
Great American, National Casualty, Other Carriers Sued by USA Gymnastics Over Nassar Lawsuit Costs
Indianapolis-based USA Gymnastics is suing its insurance carriers, alleging that they haven't fully reimbursed it for defense costs incurred in lawsuits filed by victims of disgraced former sports ...
AIG Shifts Some Employees to EY in Managed Tax Services Collaboration Deal
American International Group and Ernst & Young will collaborate on managed tax services and technology in a new five-year agreement that also involves a transfer of some employees to EY. Their ...
USAA Top Among Insurers in Ranking of ‘Best Customer Experience’
USAA tops all other insurers in terms of delivering the best customer experience, according to the 2018 Temkin Experience Ratings. "Once again, USAA has set the standard for delivering excellent ...
Commercial Property Insurance Rate Hikes Easing From Early Spikes: Willis Towers Watson
Commercial property insurance rate increases are easing off initial spikes following 2017's record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on ...
EU Urges Financial Firms to Plan for Brexit Now Despite Transition Deal
European Union regulators urged banks, investors and customers on Thursday to take "timely action" to avoid disruption to cross-border derivatives and insurance contracts caused by Brexit. Britain ...
‘Brilliant Basics’ Continues at QBE With Naming of New Senior Execs
QBE is continuing to revamp its senior management team as part of an ongoing effort to reshape its strategic focus and create more simplified structure. The effort, known as "Brilliant Basics," ...
The Latest Launches From XL Catlin, Hub International and Assurant
XL Catlin added a layer of builder's risk insurance known as Course of Construction to its Platinum Property insurance program. Hub International Ltd. debuted a new umbrella/excess risk purchasing ...
Risk Managers Worry Over Multiple Cyber Risks and Coverage Gaps
Risk managers are very concerned about the cyber risks facing their companies and are heavily investing in protection against cyber attacks with the blessings of their boards and CEOs, a major shift ...