News
PartnerRe’s Bonneau Retires as CEO; Meyenhofer to Take the Reins
PartnerRe Ltd. announced that Jacques Bonneau will retire from the company effective April 1, 2024. Philippe Meyenhofer will succeed him as chief executive officer and take his place on the board of ...
Insured Price Tag for Natural Disasters Was $95B in 2023 With Economic Cost of $250B
Natural catastrophes in 2023 caused global economic losses of $250 billion, with insurers and reinsurers paying $95 billion of that amount, according to Munich Re. Last year's insured losses of $95 ...
CMT Study Reveals Significant Link Between Telematics Program Engagement and Crash Reductions
User engagement in telematics programs plays a crucial role in reducing road risk, reveals a new study from Cambridge Mobile Telematics (CMT). The study follows the driving performance of 100,000 ...
NCCI: Shifting Workplace, Workforce and Costs Are Top Concerns for Workers Comp Execs
A new survey finds ratings data, changes in the workplace and workforce, medical inflation, and economic uncertainty are top-of-mind concerns for workers compensation insurance executives. The ...
Early 2024 Atlantic Hurricane Forecast Predicts Highly Active Season
An early forecast of the 2024 Atlantic hurricane season by Tropical Storm Risk (TSR) suggests it will be an intensely active season with "activity about 30 percent above the 1991-2020 30-year norm ...
Derailment Injuring More Than 20 Prompts Feds to Review Entire NYC Subway System
Federal transit safety investigators will be reviewing all of New York City's subway operations in response to a collision and derailment that caused minor injuries to more than 20 people, the ...
Supreme Court to Hear Challenge to EPA’s ‘Good Neighbor’ Air Pollution Plan
The U.S. Supreme Court late last month said it would hear a bid to block the Environmental Protection Agency from enforcing a federal regulation aimed at reducing ozone emissions that may worsen air ...
J&J to Pay $700 Million to Settle States’ Talc-Marketing Probe
Johnson & Johnson has tentatively agreed to pay about $700 million to resolve an investigation by more than 40 U.S. states of claims that it wrongfully marketed its talc-based baby powder by not ...