Industry News
The Hartford, Slammed by Hurricane Losses, Still Makes a Q3 Profit
Hurricanes slashed The Hartford's 2017 third quarter net income nearly in half compared to the same period a year ago. The property/casualty insurer's commercial lines and personal lines combined ...
6 Crisis Leadership Tips From Rudy Giuliani, ‘America’s Mayor’
No one anticipated the nature and scale of the attacks on the World Trade Center on Sept. 11, 2001, but the immediate response nonetheless drew upon months and years of careful planning and ...
Weakening Typhoon Lan Kills at Least Four in Japan, Causes Landslides and Flooding
A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding that prompted evacuation orders for tens of thousands of people, but then headed out to sea after ...
The Hartford Will Acquire Aetna’s U.S. Life, Disability Biz in $1.45B Cash Deal
Hartford Financial Services Group Inc said on Monday it would buy health insurer Aetna Inc's U.S. group life and disability business for $1.45 billion cash in a move that will expand its insurance ...
AXIS Brings on Swiss Re’s Arora as New Reinsurance CEO
AXIS Capital Holdings Ltd. hired on veteran Swiss Re executive Steve Arora as the new chief executive officer of AXIS Re. Arora spent 18 years in a variety of senior positions at Swiss Re, most ...
Impatient InsurTechs Will Create MGAs, Carriers On Their Own
More than 1,000 technology startups are seeking a role in insurance and risk management, and they're doing so with or without traditional distribution partner collaboration, an industry panel said ...
Another J&J Appeals Win: Judge Tosses $417M Verdict in Talc/Cancer Lawsuit
A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like ...
Executives On The Move at Chubb, CNA and The Hartford
Chubb appointed three executives focused on various aspects of government lobbying. CNA named an executive to a new underwriting position within its Commercial unit. The Hartford has two new board ...