News
Executives On The Move at Chubb, QBE North America and More
QBE North America hired a former AIG and Attune executive in a leadership role focused on multinational offerings. Chubb has a new senior vice president focused on North America commercial insurance. ...
17 States Challenge Trump’s Attempt to Roll Back Climate Change Regs
A coalition of 17 U.S. states filed a legal challenge on Wednesday against efforts by President Donald Trump's administration to roll back climate change regulations, deepening a political rift over ...
Insurance Industry Jobs Among the Most Stressful: Study
Jobs in the insurance industry are among the most stressful, ranking No. 2 in a recent study by staffing firm Robert Half. The legal profession provides the most stress, according to the study by ...
Berkshire Hathaway Specialty Insurance Sues Goodyear Over Covering Asbestos Claims
An insurance unit of Warren Buffett's conglomerate Berkshire Hathaway Inc said it has sued Goodyear Tire & Rubber Co to avoid having to cover asbestos-related injury claims that Goodyear said ...
Markel Subsidiary Acquires Remaining Stake in Canadian MGA
Markel Canada, the Toronto-based subsidiary of Markel International, has acquired the remaining 50 percent stake in Allsport Insurance Marketing Ltd. Allsport is an incorporated managing general ...
Defective Products, Crashes, Human Error Cause Large Chunk of Business Liability Losses
Defective product/work quality issues, crashes and human error are listed as the top causes of liability loss for businesses, according to a report published by Allianz Global Corporate Specialty ...
Trov, an On-Demand Insurance Startup, Raises $45M to Fuel Global Expansion
On-demand insurance startup Trov raised $45 million in Series D financing, with plans to use it for an accelerated global expansion. The money will also fuel an expansion of what items Trov covers ...
Regulators Scrutinizing Premium Caps; Similarity to ‘Price Optimization’ Cited
Concerns over price optimization are leading regulators to think carefully about the implications of longstanding practices in insurance rating, including premium "caps" on policy renewals for ...