News
Are Underwriters, Agents Endangered by AI?
"Meet your new underwriter." That's the caption under a photo of a robotic hand holding a pen that the digital news outlet Quartz (qz.com) used to introduce a recent article about an insurer using ...
Brexit Uncertainty Targeted by New Aon Risk Management Tool
Aon plc is launching a new product designed to address uncertainty and manage risk created by Britain's Brexit vote in 2016 to leave the European Union. The company's new "Brexit Navigator" is ...
Executives On The Move at Everest Insurance and JLT
Everest Insurance added a number of new executives in its retail, wholesale and inland marine areas. JLT's U.S. arm hired a former Marsh & McLennan executive tasked with business development in a ...
FBI Alleges VW Execs Concealed Diesel Cheating
Volkswagen (VW) executives decided to cover up cheating of U.S. emissions tests when they were told about it almost two months before the matter became a public scandal in 2015, according to a court ...
Post-Brexit, London’s Financial Services Sector Must Keep EU Access: Industry Report
Britain's financial services sector must keep its unfettered access to the European Union's single market after Brexit given that available alternatives don't provide a sustainable long-term ...
W.R. Berkley Hires Former Counsel to Ex-Speaker Boehner as Federal Lobbyist
An attorney who worked in Congress for former Speaker of the House John Boehner, and his successor, Paul Ryan, is W.R. Berkley Corp.'s new federal lobbyist. Jo-Marie St. Martin's official title for ...
A Soft Reinsurance Market May Be Hitting Bottom: A.M. Best
Some observers believe the bottom of the reinsurance market may be in sight because brokers are having greater difficulty filling out underpriced programs and further concessions in terms are ...
XL Catlin Tops J.D. Power’s 2016 List of Highest-Performing Large Commercial Insurers
XL Catlin was 2016's highest-performing large commercial insurer in terms of customer satisfaction, according to the latest J.D. Power study. CNA, Chubb, Berkshire Hathaway Homestate Companies and a ...