News
Aspen Re Appoints Lewis as London Head of Casualty Re
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Ltd, announced the appointment of Jamie Lewis as head of its casualty reinsurance business in London on Tuesday. Lewis will be ...
Florida’s Heritage Insurance Announces Russell as CUO
Heritage Insurance has named Mel Russell as its new chief underwriting officer, executive vice president and director of sales and marketing, the company announced Tuesday. Russell has 36 years of ...
Majesco’s Fall ’26 Product Release Accelerates the Journey to a Frontier Firm We are standing at the edge of a...
How Government Shutdown Will Affect P/C Insurance Industry
The property/casualty insurance industry should not be seriously affected by the federal government shutdown. Since the industry is largely regulated by the states, not Washington, the impact on the ...
Federal Agencies Overseeing Financial Markets to Operate During Shutdown
U.S. oversight of financial markets and institutions will operate largely as usual in the event of a government shutdown because most regulators are funded with independent revenue. An exception ...France’s Axa Sells Majority Stake in Private Equity Unit
Axa SA, France's biggest insurer, sold a majority stake in its private equity unit to its management, led by founder Dominique Senequier. The transaction values Axa Private Equity, which oversees ...New York’s Regulator Urges Obamacare-Like Standardization of Homeowners Policies
Homeowners' insurance needs to be more standardized because customers are confused about what their policies protect, New York's financial regulator said. Few fully understand all the complexities of ...
BP Lied About Size of U.S. Gulf Oil Spill, Lawyers Say
In the frantic days after the 2010 Gulf of Mexico oil spill, BP lied about how much oil was leaking from its Macondo well and took too long to cap it, plaintiffs' lawyers said on Monday at the ...
SEC Open for Biz During Early Weeks of Shutdown
The U.S. Securities and Exchange Commission would continue reviewing IPO applications and monitoring markets as normal in the early weeks of a government shutdown, but market players are increasingly ...